MGT Capital Agrees to Acquire Secure File Sharing Technology
Eric Anderson to be appointed as Chief Technology Officer of to-be-renamed John McAfee Global Technologies
HARRISON, N.Y., May 26, 2016 -- MGT Capital Investments, Inc . (NYSE MKT: 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.
- Published: 26 May 2016
- Written by Editor