Avast not done with deal-making after AVG buy, but no rush

Avast not done with deal-making after AVG buy, but no rush
 

Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview.
Prague-based Avast closed its purchase on Friday of AVG Technologies, another software firm with Czech roots specializing in consumer security.
The combined company will have over 400 million users and 40 percent of the consumer computer market outside of China.
While Avast will delist AVG shares, it has its own plans to eventually offer shares,... read more

 
30 September 2016 in Science &Technology, Views: 37
Source: Reuters
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