CyberGhost purchases Private Internet Access VPN for $90 Million
James Patterson | Last Updated:
Online Privacy & Internet Security Expert
With the Virtual Private Network space heating up over the past year, just about all providers are looking to expand, improve and differentiate. This past week saw CyberGhost move on to the expansion path with the monumental $90 million purchase of Private Internet Access.
Private Internet Access’s parent company, LTMI Holdings (London Trust Media), is a privacy-focused organisation on its way toward one million subscribers, creating motivation for Kape Technologies, CyberGhost’s parent company, to make a swift purchase.
Kape Technologies’ Rapid VPN Expansion
Over the past few years, CyberGhost or parent company Kape, in particular, have been exceedingly interested in rapid growth.
With a number of acquisitions under their belt and an increased market reach, CyberGhost and PIA are looking to become a significant player in the VPN space moving forward. As of 2020, Kape will boast more than two million premium or paying subscribers, making the service one of the largest in the VPN space across the globe.
Further in the future, it would be right to assume that Kape beefs up both PIA’s and CyberGhost’s service offering, stability and extra features to compete with the likes of NordVPN and ExpressVPN’s — though these two still remain the most significant players in the space.
Although it’s expected for CyberGhost and Private Internet Access to hold on to their naming schemes, Kape Technologies may be looking to rebrand.
The company’s CEO has stated: “This transaction makes our vision a reality by creating one of the most prominent privacy companies globally. In one acquisition, I believe we have positioned Kape to fast become one of the leading digital privacy service providers in the world, empowering consumers to manage their own data and digital security.”
Also outlined was the desire to take hold of the Private Internet Access name in place of Cape Technologies, making the company a true leader in security — now by name and by services.
CyberGhost and PIA
To end, it’s important to note that CyberGhost and Private Internet Access are both stellar VPN services, with high speeds, incredible security and a suite of exclusive features such as stream-focused servers.
Be sure to take a look at our review of CyberGhost and Private Internet Access to learn more about which VPN you should choose, or whether NordVPN or ExpressVPN are still the go-to for your devices.
Latest CyberGhost Prices
CyberGhost is one of the world’s leading vpn software brands with a solid offering of features and security included in all their plans. These are just a few quick reasons why we here at VPNCompass regularly recommend them against some of other cheaper/less secure competitors on the market:
To learn more about CyberGhost, please check out our detailed CyberGhost review page, or head straight over over to the CyberGhost website now by clicking on the link below.
Btw, if you do sign-up to CyberGhost, please be sure to drop us an email and let us know how you found their vpn service and support.