AVG is always looking for ways to help people protect and secure their online identities and this year at Pepcom in Barcelona, we’re excited to reveal a pair of invisibility glasses.
Antivirus company Avast Software has completed its takeover of AVG Technologies, with over 400 million users now under its care.The two security firms announced announced the deal in June, and have now revealed what the takeover means for users of their free and paid software. The key message: business as usual, with upgraded protection on the way.
Antivirus software company AVG Technologies has been acquired by rival Avast Software for $1.3 billion.
Both companies were founded in the Czech Republic and expanded globally with AVG going public in 2012. With this deal Avast will purchase AVG, now based in The Netherlands, at $25 per share. Avast has received financing of $1.6 billion from Credit Suisse Securities, Jefferies and UBS Investment Bank to complete the deal.
Techspot: Security firm AVG has come under fire from users after revealing its new, “transparent” privacy policy which states that the company can sell search and browser history data to advertisers in order to "make money" from its free antivirus software.
