New
#450
Wow, they're identical articles except avast looks fancier. Does avast own avg or is it the other way around?
I was right the first time avast bought avg for $1.3B smackers.
Two Security Pioneers Unite to Strengthen their Global Leadership in Internet Security
Redwood City, California / Amsterdam, The Netherlands, July 7, 2016 – Avast Software, an industry-leading maker of the most trusted security software in the world, and AVG Technologies N.V., (NYSE: AVG), a developer of business, mobile and PC device security software applications, today announced that they have entered into a purchase agreement in which Avast will offer to purchase all of the outstanding ordinary shares of AVG for $25.00 per share in cash, for a total consideration of approximately $1.3B. Both companies are industry pioneers founded in the Czech Republic in the late 1980s and early 1990s, that expanded internationally in the 2000s, and now will be combining complementary strengths to position Avast for continued growth in the security industry.
Source: Avast Press