Avast Antivirus Acquires AVG for $1.3 Billion
“Avast, one of our past favorite desktop antivirus applications, is acquiring one of it’s biggest rivals, AVG Technologies, for $1.3 billion in cash. The deal will give Avast access to hundreds of millions of devices.
In a statement made on the Avast company blog, Avast CEO Vincent Steckler said the deal will give Avast access to over 400 million devices that currently use Avast or AVG’s software. This includes 250 million PC and Mac users, and 160 million mobile users. ”
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