Threema Messaging App Acquired by Comitis Capital in Ownership Shift
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A Swiss-based end-to-end encrypted messaging app, Threema, has a new owner as of early 2024. The change in leadership sees investment firm Comitis Capital taking the reins from Afinum Management, marking the latest chapter for the privacy-focused alternative to platforms like WhatsApp.
No Immediate Changes for Users
According to a company release, the acquisition is not expected to impact Threema’s user base in the short term. “Management, strategy and technical operations remain unchanged,” the provider stated, reassuring users of continued service. This commitment to stability is a key message as Threema navigates this transition.
A Decade of Data Privacy
Launched in 2012, Threema has carved out a niche for itself by prioritizing data protection. Unlike many mainstream messaging apps, Threema does not require users to link their accounts to a phone number, offering a higher degree of anonymity. The service operates on a unique financial model, relying on a one-time purchase price of approximately €7.99 for individual users. Businesses can access a more robust suite of features through Threema Work, a subscription service billed at around €3 per user per month, offering enhanced administration and security capabilities.
From Development Phase to New Ownership
Afinum Management acquired Threema in 2020, focusing on organizational and technical improvements during its tenure. These enhancements included opening the app’s source code for public scrutiny, revising its communication protocol, and expanding functionalities tailored for professional use. Simultaneously, Threema strategically expanded its client base within the corporate and government sectors.
The sale to Comitis Capital follows a common pattern for investment firms, which often divest companies after a period of development and growth. One analyst noted that Comitis Capital’s investment portfolio currently demonstrates limited overlap with the IT or communications industries, with existing holdings in areas such as pet supplies and plant-based food alternatives.
Remaining Rooted in Switzerland
Despite the change in ownership, Threema will maintain its legal foundation in Switzerland. The investment will be managed through a holding company based in Zurich, while day-to-day operations will continue to be handled by Threema GmbH. This ensures that Swiss law remains the governing legal framework. The provider clarified that European regulations, such as the General Data Protection Regulation (GDPR), will apply only to users within the European Union, not as a result of the ownership structure.
Server locations and the underlying technical infrastructure will also remain unchanged, further reinforcing the commitment to continuity. The company emphasized that pricing and feature sets for both individual and business users will remain consistent.
