NortonLifeLock, a global consumer Cyber Safety company, and Avast, a digital security and privacy company, announced that they have reached agreement on the terms of a recommended merger of Avast with NortonLifeLock, in the form of a recommended offer by NortonLifeLock, for the entire issued and to be issued ordinary share capital of Avast. Under…
Tag: NortonLifeLock
Investcorp sells cybersecurity provider Avira to NortonLifeLock for $360 mn
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•Investcorp announced that it has entered into a definitive agreement to sell Avira to NortonLifeLock, a global leader in consumer Cyber Safety, for approximately US $360 million. The transaction is expected to close in Q1 2021, subject to regulatory approvals and customary closing conditions. Avira is a Germany-headquartered, global cybersecurity software solutions firm serving the…