Avast acquires AVG for $1.3 billion

One of the favorite anti virus software, Avast is acquiring one of it’s biggest rivals, AVG Technologies, for $1.3 billion in cash.

Avast CEO Vincent Steckler said the deal will give Avast access to over 400 million (250 million PC and Mac users, and 160 million mobile users devices) that currently use Avast or AVG’s software. 

Avast will be able to gather more threat data to improve user protection on PC, Mac, mobile, and even start branching out into Internet of things hardware. 

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. 

You can learn more (official statement) at the following link https://blog.avast.com