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NortonLifeLock In Advanced Talks to Buy Avast
Posted On 16 Jul 2021
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Two of the leaders in the cybersecurity software market are in advanced merger talks, according to reports.
NortonLifeLock and Avast are two of the most well-known makers of cybersecurity software. Norton has been a common name in the market for decades, while Avast made a name for itself as a freemium alternative.
According to The Wall Street Journal the two companies are already in advanced talks for a deal that could value Avast as high as $8 billion. The deal could be completed as early as this month, provided no deal-breaking issues arise.
Should Norton succeed in purchasing Avast, the combined company would be a behemoth in the industry, and put tremendous pressure on rivals.