As the security company, Avast also stated that it will finance the deal with its existing savings and will borrow the left amount from the third party lenders or banks. Recently the Avast security software company has announced plans to buy its rival AVG security software company which is headquartered in Amsterdam, Netherlands and it will be the deal which will combine the antivirus products of both the companies.Īccording to the sources, the Czech security software company Avast will offer liquid cash for the AVG’s shares at a price of $25 per share, which will be a premium of over 30 percent on current trading prices. Avast Antivirus Company To Buy Its Rival AVG For $1.3 BillionĪs we all know that “Avast” is a security software company which is headquartered in Prague, Czech Republic, that develops antivirus software and internet security services. Hence, the Antivirus giant Avast decided to buy its rival AVG Technologies for $1.3 Billion, which is also a well-renowned security software company. Protect your device from online threats and intruders, browse safely on public. The Czech security software company Avast might be looking to create the largest antivirus company by market share in the world. Download Avast Security & Privacy and enjoy it on your iPhone, iPad.

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