NortonLifeLock to buy Avast for over $8 billion

clock • 2 min read
NortonLifeLock to buy Avast for over $8 billion
Image:

NortonLifeLock to buy Avast for over $8 billion

About 1,000 jobs are at risk

US cyber security giant NortonLifeLock has announced that it is buying Czech rival Avast in a cash and stock deal, at a total value of more than $8 billion. It is unclear what the new group will...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

More on Budgets and Investment

Oracle, Apple and Netflix are some of the other large tech firms that are cutting expenses and recruitment in the current climate

Microsoft asks staff to cut expenses on travel, training

Another sign of the coming global recession

clock 12 August 2022 • 2 min read
Instagram and Facebook's iOS in-app browsers can monitor users' interactions with any website, report

Instagram and Facebook's iOS in-app browsers can monitor users' interactions with any website, report

The practice would violate the App Tracking Transparency policy set out by Apple

clock 11 August 2022 • 3 min read
Privacy and antitrust experts voice concerns over Amazon's Roomba acquisition

Privacy and antitrust experts voice concerns over Amazon's Roomba acquisition

But blocking the $1.7bn deal won't be easy

clock 09 August 2022 • 3 min read