Avast AVG acquires its rival for $ 1.3 billion

Jul

8

2016

Acquired security software company Avast Avast protect competition AVG software company, in a deal worth about US $ 1.3 billion, and is expected to close the deal between the months of September / September and October / October 2016.

AVG and founded the company in Czechoslovakia in early 1990, which was initially called as the GRISOFT, later to become one of the biggest brands in the field of mobile security applications.

The company offers, which is headquartered in the Dutch city of Amsterdam, and a wide range of relevant security and service domain services, including application of clean Android and Mac AVG Cleaner .

While Avast company was founded in Prague in 1988, and appeared to be considered one of the leading Internet security companies, it is reported as being controlled by the rate of more than five combat global antivirus software market.

And worked avast company later to expand into other areas far from the security of the software, which was launched earlier this year , a new initiative to uncover the best Wi – Fi hotspots depending on the data derived from the mobilization of resources, coupled with the launch of the initiative to apply the Avast Wi-Fi Finder .

Avast and pointed out that the acquisition of AVG process comes from in order to expand their business and get AVG Technologies Inc. and increase the breadth and geographic presence.

The deal allows the company to reach 400 million device that has a software Avast or AVG, and form the cell phones accounted for half of these devices.

This is essential now, as part of a rapid global trend that moves away vigorously for desktop computers toward portable devices.

Those devices and allow the company to collect the maximum amount of data on malicious software, which offers a better possibility to provide improved security products.

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