Digital security company Aura has announced that it will acquire Pango for an undisclosed amount to expand its current security and identity protection offering. In addition to being the company behind the popular VPN Hotspot Shield, Pango also offers a password manager called 1Password, as well as a service called Robo Shield that blocks robocalls. Last year, the company partnered with Aura to offer its IdentityGuard identity theft protection service alongside its own products in a subscription service to help protect users online. Through the acquisition of Pango, Aura aims to become the first unified security suite that protects consumers and their families with comprehensive data-driven products. The combined entity will provide comprehensive protection for consumers by combining the privacy, identity and security products of the two companies.
Aura and Pango
In a press release, Aura founder and CEO Hari Ravichandran explained how the acquisition will enable the combined company to offer a global solution to protect user privacy and security, stating: "The momentum that Aura creates with The Pango acquisition uniquely positions our business to continue to evolve as we integrate exceptional products that provide a digital halo of protection for consumers.The combined global business is profitable with sales of over €200 million and a talented team of Over 450 stars committed to ensuring our millions of subscribers have the most advanced technology to protect themselves and their loved ones." Aura recently acquired FigLeaf and PrivacyMate and their products along with Pango will be consolidated into a comprehensive security and privacy solution over the next four to six quarters. Once the Pango acquisition is complete, Ravichandran will remain as CEO of Aura, joining Pango's most recent CEO, Sujay Jaswa, who will chair the board of directors.- Also check out our full list of the best VPN services