Just last month, Microsoft made its biggest acquisition by acquiring LinkedIn, the social network for professionals, for $26.2 Billion in cash. This is the next major tech acquisition in last few months. Avast will fund the transaction using cash on hand and debt financing. The offer of $25 per share on AVG represents a 33 percent premium to its closing price Wednesday on the NY Stock Exchange.
The deal will also provide Avast with an expanded geographical reach in its primary business as well as the growing number of Internet of Things - physical devices connected to the Internet, Avast said in a statement. "We believe that joining forces with Avast, a private company with significant resources, fully supports our growth objectives and represents the best interests of our stockholders," AVG CEO Gary Kovacs said in a statement.
Avg or avast how to#
Learn how to secure your corporate SaaS applications and protect your data, even after a breach. With access to a large number of devices, Avast will be granted more opportunities in Internet antivirus and security-related business, giving the company a bigger pool of data on malware to offer better security products.ĭetect, Respond, Protect: ITDR and SSPM for Complete SaaS Securityĭiscover how Identity Threat Detection & Response (ITDR) identifies and mitigates threats with the help of SSPM.
However, AVG technologies was in controversies for updating its policy that clearly said that the company will be allowed to collect and sell users' "non-personal data" to online advertisers in order to "make money" from their "free offerings" so they can keep them free.
Avg or avast software#
The deal between the two popular security software companies will provide Avast with 400 Million endpoints - devices that have some form of Avast or AVG application installed.
Avg or avast free#
With more than 230 Million users worldwide, Avast provides free and paid security software packages for both PCs as well as mobile devices to businesses and individuals. You get two killer variants from the household name, with one being AVG Internet Security and AVG Ultimate.Antivirus company Avast Software is planning to acquire Dutch rival AVG Technologies for $1.3 Billion in cash.Īvast announced today that it would buy Amsterdam-based AVG Technologies for $25 per share in an all-cash transaction valued at $1.3 Billion in an aim to expand its presence in the emerging markets. They have earned this reputation over the past 3 decades of being completely dedicated service to innovation and technology in the arena of internet security. AVG has about 200 million users worldwide, a big no. What is AVG Antivirus?ĪVG antivirus is a very popular security software, especially among Windows.
Avast has a slightly low rating in comparison to AVG. Avast has a colossal user base surpassing 300 million. User base AVG has a whopping 200 million user base. Both offer the same standard of malware protection. User-friendly for those who like an extra layer of things in the apps. User Interface User-friendly for those who like simplistic software. System performance AVG loses by a few margins. Expensive Protection AVG does the job just fine. With the products mentioned such as AVAST and NORTON business antivirus protections software, AVG antivirus business Edition outscores both of them in terms of.
Comparison Table Parameters of Comparison AVG Avast Price(for the premium versions) Comparatively less expensive.
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