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Cyber Security

Antivirus firm Avast to Buy its rival AVG for $1.3 Billion

Avast Software is planning to acquire Dutch rival AVG Technologies for $1.3 Billion in cash. The deal will provide Avast with 400 Million endpoints — devices that have some form of Avast or AVG application installed. With more than 230 million users worldwide, Avast provides free and paid security software packages for both PCs as well as mobile devices to businesses and individuals. AVG technologies was in controversies for updating its policy that clearly said that the company will be allowed to collect and sell users’ “non-personal data” to online advertisers.

Source: https://thehackernews.com/2016/07/antivirus-avast-avg.html

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