Avast Antivirus acquired competitor AVGĪvast, one of our the most populer antivirus applications, is acquiring one of it’s biggest rivals, AVG Technologies, for $1.3 billion in cash. However, the company has not been without controversy during its near-25-year history.Ģ016. Avast, founded in 1988, focuses on cybersecurity software for consumers and small and medium-sized businesses and describes itself as one of the largest security companies. NortonLifeLock, formed in 2019 as a spin-off from Symantec, says the deal will create an industry-leading consumer cyber safety business and dramatically expand its user numbers thanks to Avast’s 435 million-strong customer base. cybersecurity firm NortonLifeLock has acquired Czech rival Avast for $8.1 billion in order to create a global consumer security powerhouse.
NortonLifeLock and Avast merge in $8.1B deal
