Avast Software announces agreement to snap up AVG for $1,3 billion

By Nigel Gambanga

Avast Software, the security software giant has announced its intention to buy rival security firm AVG for $1,3 billlion in cash. With the backing of CVC Capital Partners a private equity firm, Avast will pay $25 per share for the transaction. Both vast and AVG emerged from Czech Republic and have grown to be some of […]

Articles appeared first on Techzim;
Avast Software announces agreement to snap up AVG for $1,3 billion

…read more

Read more here:: Techzim Feed