The acquisition is said to provide a more comprehensive view on privacy and security issues to help consumers make the best decisions possible. (press release)
Webselenese has announced it will be joining the Kape Technologies family as part of a transaction worth a total consideration of US$149.1 Million. The acquisition of Welselenese by Kape, the consumer privacy and security specialist, will complement their best-in-class experience of comprehensively informing consumers on privacy and security issues to the group.
In the last ten years, Webselenese has grown its readership substantially, via organic traffic as well as via paid traffic, and in the last year we reached more than 105 million readers globally. Webselenese’s main focus is to provide content which best prepares their readers to navigate the ongoing challenges to privacy and security in the digital age, with their ‘User First’ approach that places impartiality and transparency at the center of their content. Webselenese will continue to be led by the existing management team and we’re committed to maintaining their impartial editorial and data governance to the highest standards for their readership. By joining Kape they see the unrivalled opportunity to continue with that ethos, with the support to grow and expand into other online industries as we have already begun.
“Having worked in partnership with Kape for the last three years, we are delighted to join forces,” said Ran Greenberg and Ariel Hochstadt, Co-founders, Webselenese. “We share the same ethos, and our vision to create a company which promotes and provides unparalleled digital privacy and security to our customers worldwide. We are excited by the opportunities that we believe exist for the enlarged group and are looking forward to our future as part of the Kape family.”
“We’re excited to welcome Webselenese to Kape,” said Ido Erlichman, Chief Executive Officer, Kape Technologies. “The privacy and security space continues to evolve at an ever-increasing rate. Consumers are increasingly looking for a more comprehensive view on privacy and security issues to inform the decisions they make to navigate their personal sphere online – the addition of Webselenese to Kape broadens our footprint and expertise in the growing privacy and security market for consumers.”
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