Avast Antivirus Acquires AVG For $1.7 Billion

Avast Antivirus Acquires AVG For $1.7 Billion

Avast, one of our past favourite desktop antivirus applications, is acquiring one of it’s biggest rivals, AVG Technologies, for $US1.3 billion ($1.7 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. The actual acquirement process will take a few months, says Steckler, but you can expect positive changes for the company in the near future, especially when it comes to their threat detection efficiency. Avast will be able to gather more threat data to improve user protection on PC, Mac and mobile, and even start branching out into internet of things hardware. And Avast will have access to AVG’s Zen mobile technology that’s used to protect an entire family’s devices from just one primary device. The combo also means they will be able to improve technical support to business users. You can learn more at the link below.

Avast and AVG: a Future Together [Avast Blog via PC World]


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