![]() ![]() What this merger means for the VPN market We will keep readers informed as soon as we find out more. It is now official, although details about the ownership of the new Cyberspace entity remains somewhat opaque for the time being. In light of these various Lithuanian connections, a merger has been muted as a possibility for some time. This now appears to be more than just a coincidence.Įqually, Surfshark’s current Chief Marketing Officer, the wonderfully named Regimantas Urbanas, shows on his LinkedIn account that he joined the company in July 2018 with no mention of Tesonet in his work history.īut on his Facebook account, a post-dated July 2018 states that “today I’m pleased to announce that I had my first official day at Tesonet, one of the fastest growing tech companies in Lithuania.” Meanwhile, it has also come to VPNCompare’s attention that NordVPN and Surfshark VPN also used the same Russian-speaking US Attorney, to register their respective trademarks. ![]() Interestingly, they make no mention of Surfshark. It was Tesonet which helped the Lithuanian founder and CEO of Surfshark VPN, Vytautas Kaziukonis, to develop and expand his business.Ī quick look at the Tesonet website shows that it lists Nord Security’s range of online security and privacy products as being among the services they have contributed towards. It has previously been noted that Nord Security and Surfshark VPN both have ties to a Lithuanian business incubator and accelerator company called Tesonet. The announcement of a merger between the parent companies of NordVPN and Surfshark VPN has not come as a complete surprise to those of us who follow the VPN industry closely. ![]() ![]() Surfshark is already located in the Netherlands, so there will be no change for their current subscribers in any case. This means that your VPN will still be subject to Panama’s much more robust privacy protections and there will be no requirements for NordVPN to store any customer data. The good news is that it has already been confirmed that NordVPN will continue to be incorporated in Panama. While the Netherlands is a country that has some of the best privacy laws in Europe, it is still part of the EU and has close relations with the Five Eyes member countries. Some NordVPN customers may be a little bit concerned that the new Cyberspace company will be headquartered in the Netherlands. They will not share the same infrastructure, which means that NordVPN and Surfshark will continue to offer their own server networks, independent of each other. NordVPN and Surfshark will continue to operate as independent VPN providers. The short answer is that, for the time being at least, it won’t. That is important for users who may be wondering how this merger affects them. What the merger means for NordVPN and Surfshark VPN customers But for now, both are clear that they plan to continue as independent VPNs. This tantalising comment opens up the prospect of NordVPN and Surfshark sharing technologies at some point in the future. “The merger will open new technical knowledge-sharing opportunities and enable more focused market diversification”, they explained. The announcement included all the usual spiel about how the merger will help with growth and development. However, further details of the transaction are not disclosed as both companies are privately owned entities.” Nord Security has been at pains to stress that this is a genuine merger and not a takeover.Ī spokesperson told PCMag, “Nord Security is not buying Surfshark, this is a merger. Cyberspace will be registered in the Netherlands. Nord Security, the company behind NordVPN, confirmed on Tuesday that it was merging with Surfshark to form a new company called Cyberspace. It has been announced that the companies behind two of the world’s biggest and best-regarded VPNs, NordVPN and Surfshark VPN, are merging to form a single VPN superpower. ![]()
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