The antivirus vendor Avast Software has decided to purchase the opponent the AVG program at the cost of $1.3 billion. This deal will allow Avast to reach to more than 400 million platforms or devices working on Avast’s and AVG’s program, 160 million of these devices are tablets or phones as told by the company. The deal will outreach the effective and much efficient security system hopefully in very less time, moreover, will allow the company to take benefit of the novel growing opportunities like protection of the web internet stuff such as downloads.
The combination of both systems is itself a great opportunity for users. As told by the CEO of avast, the company will achieve more than 250 million laptop or MAC users which will make it able to collect the more data threats for improving the security for the users.
By this deal, avast will access the AVG’s Zen mobile service for monitoring the security of all the mobile devices just through one combined program. The collective footmark of the two firms will also give the excellent technical support services for its customers especially for the SMBs. The AVG is probably the best and the most famous for its antivirus program and is available for various platforms like Windows computer, Macs, and the Android devices however it also sells the pro editions of the identical program along with the extra features and a lot of the internet security apps for business field.
Most of the income made by this between $104 million to $106 million by June 2030. It depends on the results of the last four quarters. AVG will release the complete results for the first quarter soon. Less than the two-third of the AVG’s income is from the custom desktop protection products for business, and this ratio is lowering. Nearly one-sixth of the company’s total income is made by the search marketing. Avast is a private company and doesn’t make any publications regarding its financial results.
Avast tells that it would not release about whatever happens to its products after the closure of this deal (which still needs the approval of the regulators and share owners). However, AVG CEO Gary Kovacs tells that this will make company invest more in expanding its market.
It is a shake-up moment for the whole security software industry, as avast sets to take a company to the next level while investing a lot of money.