Print Published 26th Jul 2018, 22:03

Kape sheds media and marketing division

AIM listed Kape Technologies, formerly known as Crossrider, has divested its interests in the media and marketing sector to focus on cyber security and app distribution alone.

The media division has been sold to Ecom Online in return for a 50% share of the profit generated by that division before interest, tax, depreciation and amortisation over the next five years.

Note:  Kape Technologies will be removed from the portfolio of publicly listed marketing companies monitored by this publication.