Do we compete or do I buy from you? Norton acquires Avast for $ 8 billion

Do we compete or do I buy from you? Norton acquires Avast for $ 8 billion

3 years ago
Anonymous $drS9DEX_Sj

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.