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Cybersecurity Biz: Avast Acquires AVG in $1.3 Billion Deal

Posted on July 7th, 2016.

In a significant business deal within the cybersecurity industry, security giant Avast has revealed its intention to acquire antivirus software firm AVG for a transaction of around $1.3 billion. Prague-based security software firm Avast has announced a landmark acquisition which will see the company purchase fellow Czech software giant...