Avast, one of the world’s leading antivirus software companies, announced on July 25th that it had acquired AVG Technologies, a global leader in antivirus software. The acquisition is reportedly worth $2.
27 billion.
This move follows a trend of antivirus software companies investing in each other in order to create stronger and more comprehensive solutions. In the past, companies such as Symantec and McAfee have merged in an effort to create the most comprehensive antivirus solution on the market.
The acquisition of AVG is likely to bolster Avast’s presence in the global antivirus software market. AVG is a well-known brand and has a strong customer base.
The combined company will have a stronger presence in regions such as Europe and Asia, where the antivirus market is booming.
4 Related Question Answers Found
AVG is a well-known antivirus software company. It is known for its antivirus software, as well as other security-related products. AVG was founded in 1995, and is headquartered in Germany.
When AVG was founded in 1994, the company was known for its antivirus software. However, in recent years, AVG has shifted its focus to providing other cybersecurity services, such as remote access, firewall, and antispyware. As a result, AVG has come into competition with its former parent company, Avast.
Avast Software, Inc. is a global software company headquartered in Prague, Czech Republic. The company develops and markets various security and privacy products.
AVG is a popular antivirus software with a loyal following. However, recent reports suggest that AVG may have been replaced by Avast as the leading antivirus software. A recent study by PCWorld found that, in the first quarter of 2017, Avast was installed on more computers than AVG.
