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July 7, 2016 08:44 am GMT

Avast acquires antivirus maker AVG for $1.3BN to gain scale and dive into IoT security

AVGSecurity giant Avast has announced it intends to acquire fellow Czech-based antivirus software maker AVG for a purchase price of $25.00 per share in cash — resulting in a transaction that will total around $1.3 billion. Read More

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