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NortonLifeLock in talks to acquire cybersecurity company Avast

NortonLifeLock Inc. is in talks to buy cybersecurity firm Avast PLC, according to people familiar with the matter, in a deal that would expand the U.S. company’s focus on consumer software.

A deal could be finalized this month, assuming talks don’t fall apart, the people said. Avast has a market value of around £5.2 billion ($7.2 billion). Assuming a typical deal premium, the deal could value the company at more than $8 billion.

Source: on 2021-07-14 17:11:15

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