Norton, Avast Merge Towards an $8 Billion Cybersecurity Giant

NortonLifeLock and Avast ave announced a merger, whereby Norton will be purchasing the full amount of available Avast shares so as to incorporate it into its cybersecurity business. The deal, reported via The Verge, worth upwards of $8 billion, will leave the resulting cyber-security giant with a total of around 500 million customers. 

Vincent Pilette, NortonLifeLock CEO, extoled the virtues of this merger, saying that "With this combination, we can strengthen our cyber safety platform and (...) will also have the ability to further accelerate innovation to transform cyber safety.” Avast CEO Ondřej Vlček, on the other hand, added that "At a time when global cyber threats are growing, yet cyber safety penetration remains very low, together with NortonLifeLock, we will be able to accelerate our shared vision of providing holistic cyber protection for consumers around the globe.”

Francisco Pires
Freelance News Writer

Francisco Pires is a freelance news writer for Tom's Hardware with a soft side for quantum computing.

  • Paul Basso
    We are losing one of the best AV around. I don't understand how those companies as McAfee and Norton with crappy solutions can survive and eating the competition
    Reply
  • pixelpusher220
    Paul Basso said:
    We are losing one of the best AV around. I don't understand how those companies as McAfee and Norton with crappy solutions can survive and eating the competition
    A tried and true method for dealing with superior competition...is acquiring it.
    Reply
  • logainofhades
    Well I guess I will be looking for something new, soon.
    Reply
  • 3ogdy
    Well, they acquired Avira in January.
    Avast and AVG were under the same roof, though. Not sure what's gonna happen with AVG, then.

    Symantec(LifeLock, whatever), the new Antivirus software empire?
    Reply
  • vern72
    3ogdy said:
    Avast and AVG were under the same roof, though. Not sure what's gonna happen with AVG, then.

    This probably spells the end of the free version of AVG. Not looking forward to the "built-in" free solution.
    Reply