Jump to content


Avast to acquire AVG - $1.3B

  • Please log in to reply
No replies to this topic

#1 AplusWebMaster



  • SWI Friend
  • PipPipPipPipPip
  • 11,104 posts

Posted 07 July 2016 - 04:49 AM


Avast to acquire AVG - $1.3B
- https://www.yahoo.co...0--finance.html
July 7, 2016 PRAGUE (AP) - "Avast Software says it is acquiring its anti-virus rival AVG Technologies N.V. in a $1.3 billion deal. Prague-based Avast says it is ready to pay $25 per share in cash for Amsterdam-based AVG, 33 percent above Wednesday's closing price on the New York Stock Exchange after the two signed a deal on it. Avast said Thursday the deal is meant to "gain scale, technological depth and geographical breadth." It aims to "take advantage of emerging growth opportunities in internet security as well as organizational efficiencies" with a goal to becoming serious competition for the global leaders in the internet security business. The companies have over 400 million users combined. Avast says the transaction is expected to close between Sept 15 and Oct 15..."


.The machine has no brain.
 ......... Use your own.
Browser check for updates here.
YOU need to defend against -all- vulnerabilities.
Hacks only need to find -1- to get in...

Member of UNITE
Support SpywareInfo Forum - click the button