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The well-known antivirus company Avast Software announced that they are buying their rival AVG Technologies for just under an incredible CZK 32 billion
The well-known antivirus company Avast Software announced that
they are buying their rival AVG Technologies for just under an
incredible CZK 32 billion (approx. USD 1.3 billion). Avast shall
pay USD 25 in cash for each share.
Globally, more than 400 million users use Avast or AVG products
and following the acquisition, Avast will rank among the top five
global players in the field. The transaction is expected to close
sometime in September/October 2016.
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