Anti-virus software "Avast!" Acquires rival "AVG" for 130 billion yen

Popular as an anti-virus software that can be used free of chargeAvast!(Avast) ", competing software"AVG"It is expected to acquire with $ 1.3 billion (about 131.2 billion yen).

Avast and AVG: A Future Together
https://blog.avast.com/avast-and-avg-a-future-together


Avast to Buy AVG for $ 1.3 Billion to Add Security Software - Bloomberg
http://www.bloomberg.com/news/articles/2016-07-07/avast-to-buy-avg-for-1-3-billion-adding-security-software


When Vincent Steckler of Avast software, the developer of "Avast!" (Hereinafter "Avast") gave a lecture eight years ago as CEO, a gentleman, who finished an hour's lecture, said, "About AVG, "It was a very good lecture," and he began to be conscious that "Avast" and "AVG" are easy to confuse.

Anti-virus software that started with the name "AV" and was founded in the Czech Republic in the late 1980s (Avast is Prague capital, AVG is the second city of Brno), both of which are common to both, are high quality software Common to the point that it has a world class R & D team and has many users in the market outside the Czech Republic, and it differs greatly from the fact that Avast is unlisted, while AVG is New York Securities About the point that it is listed on the exchange.

Avast | Download Free Antivirus for PC, Mac & amp; Android
https://www.avast.com/index

AVG 2016 | Free anti-virus & amp; optimization software for PC, Mac, Android | AVG homepage
http://www.avg.co.jp/

"It is so natural that two companies are one because it is just like that, which is what we plan now," Steckler revealed the integration of Avast and AVG It was.

Agreement has already been undertaken between the companies that Avast will purchase AVG shares for $ 25 per share (about 2520 yen), totaling 1.3 billion dollars (about 13.2 billion yen), and AVG shareholders If accepting this offer, the merger will be realized. TA Associates, the largest shareholder holding 13% of AVG shares, has already agreed to sell shares to Avast. As an acquisition fundCredit Suisse Group AG, Jefepries,UBS AGWill be offering 1.69 billion dollars.

If it goes smoothly, the acquisition is expected to be completed from September 2016 to October.