Avast a most trusted brand of security software announced that they have entered in purchase agreement with security software maker AVG Technologies NV. Avast will offer to purchase all the ordinary shares of company with $25 per share and the total estimate will be of $1.3bn in cash. According to reports it is not cleared till now if company will fold AVG's services into its own brand or continue it with existing AVG's brand.
Bhuvan Arora
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