Avast to Acquire AVG for $1.3 Billion

[engine]

Avast is to acquire AVG for an estimated $1.3 billion, based upon AVG's share price.
According to Avast, this will result in what it describes as 400 million end points. Even though it's acquiring AVG, the names will remain.

The deal is aimed at gaining scale and geographical breadth, Avast said today. It also wants to build out its security offerings with an eye on emerging growth opportunities such as in the Internet of Things, as well as on serve existing customers with “more advanced” products. Avast to Acquire AVG for $1.3 Billion [techcrunch.com]

[Shepherd]

Always liked AVG (free), congrats to them.

[J_RaD]

2 crapware companies joining forces... this will go well!

AVG was fine for..2 years? then it went down the drain big time....Avast is just weak and annoying.

[seoskunk]

Weaknesses in operating systems are there by design. Anti virus is just spyware anyway.

[J_RaD]

are you posting from BSD? mr.smartypantsSEOSKUNK *thatsmelll*

if you think weakness is by design FOR AV to spy.... promptly buy your tin foil... from ME the tin foil hat merchant here.