“Our new scale will allow us toĪccelerate investments in growing markets and continue to focus on providingĬomprehensive and simple-to-use solutions for consumers and businesses, alike. Objectives and represents the best interests of our stockholders,” said Gary Private company with significant resources, fully supports our growth “We believe that joining forces with Avast, a New opportunities ahead, such as security for the enormous growth in IoT.” Great tech companies, both founded in the Czech Republic and with a commonĬulture and mission, will put us in a great position to take advantage of the Security provider of choice for our current and future customers,” said Vince Steckler,Ĭhief executive officer of Avast Software. This acquisition gives us the breadth and technological depth to be the “We are in a rapidly changing industry, and The offer for acceptance to the AVG shareholders.
The Management BoardĪnd Supervisory Board of AVG approved and support the transaction and recommend
This transaction has been unanimously approvedīy the Management Board and Supervisory Board of Avast. This increase in scale will enable Avast to create more technically advanced Organization will have a network of more than 400 million endpoints, of whichġ60 million are mobile, that act as de facto sensors, providing informationĪbout malware to help detect and neutralize new threats as soon as they appear. Security offerings in the core business and new innovations in emerging markets, The technologicalĭepth and geographical reach will help Avast serve customers with more advanced Internet Security as well as organizational efficiencies. Scale, technological depth and geographical breadth so that the new organizationĬan be in a position to take advantage of emerging growth opportunities in That expanded internationally in the 2000s, and now will be combiningĬomplementary strengths to position Avast for continued growth in the securityĪvast is pursuing this acquisition to gain Industry pioneers founded in the Czech Republic in the late 1980s and early 1990s, In cash, for a total consideration of approximately $1.3B. To purchase all of the outstanding ordinary shares of AVG for $25.00 per share
#Avast security for mac software#
Of business, mobile and PC device security software applications, todayĪnnounced that they have entered into a purchase agreement in which Avast will offer Security software in the world, and AVG Technologies N.V., (NYSE: AVG), a developer Netherlands, J– Avast Software, an industry-leading maker of the most trusted Redwood City, California / Amsterdam, The Two Security Pioneers Unite to Strengthen their Global
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