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Avast to acquire AVG for $1.3 billion

Discussion in 'Help Net Security' started by RSS, Jul 7, 2016.

  1. RSS

    RSS New Member Member

    Avast Software and AVG Technologies have entered into a purchase agreement in which Avast will offer to purchase all of the outstanding ordinary shares of AVG for $25.00 per share in cash, for a total consideration of approximately $1.3B. Both companies are industry pioneers founded in the Czech Republic in the late 1980s and early 1990s, that expanded internationally in the 2000s, and now will be combining complementary strengths to position Avast for continued growth … More →

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