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New Deal


Announced

SafeSwiss.com to acquire Secure Swiss Data.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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internet privacy solutions

Software

Pending

Switzerland

Acquisition

Single Bidder

Private

Friendly

software development

Majority

Synopsis

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SafeSwiss.com, a Lucerne, Switzerland-based tech startup and provider of all-encompassing, end-to-end encrypted communication app, agreed to acquire Secure Swiss Data, a provider of privacy-focused communications software solutions. Financial terms were not disclosed. In a joint statement, both the Chairman of SafeSwiss Tim Gallagher, and CEO of Secure Swiss Data David Bruno, confirmed that they were extremely pleased that the technology of both companies was being brought together and that it would provide consumers with greater confidence in being able to use a fully encrypted suite of communication mediums in a single app, email, file storage, file sharing, phone calling and text messaging.

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