Avast CEO on why it’s just spent $1.4BN to absorb security rival AVG

Avast CEO vince steckler with staff from its threat lab Security firm Avast has today confirmed the completion of a $ 1.4 billion acquisition of fellow Czech-based antivirus company AVG. The deal will see Avast’s customer base nearly double — swelling from 230 million to more than 400 million in total, 160M of whom are mobile users. Read More

Mobile – TechCrunch

Source: Mobilecrunch