Avast is set to acquire AVG for $1.3 billion

[Zangetsu]

The deal has been approved by the management and supervisory boards of Avast and AVG and involves Avast buying out AVG’s outstanding ordinary shares at $25 each. The total value of the deal is around $1.3 billion. AVG is a publicly traded company so the deal will first have to be approved by shareholders and Avast expect it to be concluded by September or October this year.

Source : Avast is set to acquire AVG for $1.3 billion – Tech

 

[Desmond]

And Avast is private?

 

[ZTR]

And Avast is private?

Yeah avast is private company

Sent from my Xperia Z

 

[Desmond]

Never heard of a private company acquiring a publicly traded company before.

 

[Minion]

Whatever They both are adware now.

AVG doesn't even install on my win 10 laptop so switched to Avira.

 

[hitesh]

Whatever They both are adware now.

AVG doesn't even install on my win 10 laptop so switched to Avira.

I hate all 3. Their main problems for me
Avast too heavy
Avira too intrusive
AVG is just....crap

I just use Malwarebytes

 

[Minion]

I hate all 3. Their main problems for me
Avast too heavy
Avira too intrusive
AVG is just....crap

I just use Malwarebytes

Avira is no more intrusive does not nag now.

 

[hitesh]

Avira is no more intrusive does not nag now.

Interesting. Might give it a try

 

[mardulal]

Very good decision from Avast. We hope to see something new.