Avast and NortonLifeLock have announced their decision to merge in a deal worth more than US$8 billion. NortonLifelock will acquire all of Avast’s shares as part of the agreement, resulting in a significantly larger cyber security organization.
“With this combination, we can strengthen our cyber safety platform and make it available to more than 500 million users. We will also have the ability to further accelerate innovation to transform cyber safety,” says NortonLifeLock CEO Vincent Pilette.
The partnership should result in antivirus products that combine the advantages of NortonLifeLock’s experience in identity and Avast’s focus on privacy, all at a time when cyber security is crucial for both consumers and enterprises.
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