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Nairaland Forum / Science/Technology / Computers / Avast Set To Buy AVG In A $1.3 Billion Deal (919 Views)
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Avast Set To Buy AVG In A $1.3 Billion Deal by joey150(m): 8:31am On Jul 09, 2016 |
If you are one of those people who opt to use a free antivirus software, chances are that you are using either AVG or Avast. They are both very good antivirus and system defence, though they both have eyes on very differnt target markets. Avast have made a $1.3 billion offer to buy AVG in an all cash deal, facilitated by cash on hand and debt finanacing. AVG have indicated that they are willing to accept the offer and are happy about the deal. And see it as a great move for the company and shareholders alike. AVG will also receive an offer of $25 per share, which makes up 30% premium over current trading rates. Avast plans no major restructuring of the company(AVG) for now, but sees great potential in using AVG'S over 400 million existing clients of which 160 million are using the mobile version. The deal itself is expected to be concluded anytime between September 15 and October 15. With the final date normally depending on regulatory approval. Source: http://www.pronetotype.com/2016/07/avast-set-to-buy-avg-in-13-billion-deal_9.html?m=1 Cc. Lalasticlala Skydancer
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Re: Avast Set To Buy AVG In A $1.3 Billion Deal by GogetterMD(m): 9:19am On Jul 09, 2016 |
Sad news. |
Re: Avast Set To Buy AVG In A $1.3 Billion Deal by joey150(m): 9:49am On Jul 09, 2016 |
Re: Avast Set To Buy AVG In A $1.3 Billion Deal by Kinstein: 10:09am On Jul 09, 2016 |
Windows defender all the way for me |
Re: Avast Set To Buy AVG In A $1.3 Billion Deal by Lexusgs430: 10:12am On Jul 09, 2016 |
Kinstein: You too like free tinz. Windows 10(free upgrade) + Windows defender(free built in feature)!!!! |
Re: Avast Set To Buy AVG In A $1.3 Billion Deal by GogetterMD(m): 4:01pm On Jul 09, 2016 |
joey150:AVG is an excellent Antivirus, esp the background fileshield |
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