MGT Capital (MGT) to Acquire Secure File Sharing Assets from Demonsaw

Get under-the-radar research with StreetInsider.com’s Stealth Growth Insider FREE, with no credit card needed for the first several months of publication. Join here. MGT Capital Investments, Inc . (NYSE: MGT) announced today that it has entered into a definitive asset purchase agreement to acquire certain technology and assets from Demonsaw LLC , a provider of a secure and anonymous file sharing software platform. Using multiple layers of encryption (both symmetric and asymmetric), Demonsaw offers users full control of data and also offers private router services . Demonsaw is a fully decentralized, mesh-based network that does not use P2P, providing protection of IP addresses. Demonsaw is available in 32-bit and 64-bit versions for Windows, Apple OSX, Android, Raspberry Pi and Ubuntu. In conjunction with the anticipated acquisition, MGT is pleased to…


Link to Full Article: MGT Capital (MGT) to Acquire Secure File Sharing Assets from Demonsaw