Do we compete or do I buy from you? Norton acquires Avast for $ 8 billion
https://www.entrepreneur.com/article/380107
The cybersecurity firm NortonLifeLock Inc. (NLOK) bought its rival, Avast for 8 billion dollars (159,137,600,000 Mexican pesos approximately), according to Nasdaq reports.
According to the terms of this transaction, Avast owners will receive their payments in cash and Norton shares. The executives of both companies explain that this merger has a strategic and financial logic.