Israeli billionaire Teddy Sagi buys web publisher in $149m takeover
The move will hand Kape one of the largest audiences in its field
8 March 2021 • 7:08am
The cybersecurity company controlled by Israeli billionaire Teddy Sagi has mounted a near-$150m (£108m) takeover of online publisher Webselenese.
Aim-listed Kape has struck a cash-and-shares deal for Tel Aviv-based Webselenese, which pulls in 8.5m monthly readers to its digital security review websites.
The move will hand Kape one of the largest audiences in its field, bolstering attempts to become a market leader in security software.
Chief executive Ido Erlichman said the deal gave it control over one of the “most respected” businesses within its industry.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Park Place Technologies Marks 30 Years of Innovation
March 8, 2021 GMT
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CLEVELAND, March 8, 2021 /PRNewswire/ Park Place Technologies, a single source for award-winning data center hardware maintenance and a full suite of managed services, today celebrates 30 years of employee growth, technology innovation and company success. This Park Place milestone is a continuation of the innovation and entrepreneurial drive that has characterized the company from its start and has helped it become the world’s largest third-party maintenance provider (TPM) – and so much more.
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Private equity firm Symphony Technology Group (STG) has agreed to buy McAfee’s enterprise business for $4 billion, turning the legendary cybersecurity firm into a pure-play consumer business.