AVG is originally a Czech company, but sits with its head office in Amsterdam. Avast also develops computer security, and was founded in the Czech Republic.
Avast pay $ 25 per share for AVG, for a total of $ 1.3 billion (1.16 billion euros), the company said Thursday . Avast wants to progress the acquisition to expand technologically and geographically wider use.
So will include betting company in emerging technologies such as the ‘Internet of Things’. Thereby exchanging numerous small devices information with each other, but unlike PCs and smartphones that are not always well protected.
The board of Avast is unanimously approved the acquisition. That AVG too, recommends to submit the transaction for approval by shareholders of the company
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