NortonLifeLock grabs Avira in cash

Cybersecurity company NortonLifeLock has agreed to acquire Avira in a cash deal valued at approximately $ 360 million. The acquisition will bring the company, which focuses on consumer-centric privacy and anti-virus solutions, under the Norton umbrella.

“I am delighted to welcome Avira to the Norton family.” said Vincent Pilette, CEO at NortonLifeLock. “We strive to provide cybersecurity for everyone. The acquisition of Avira will add a growing business to our portfolio, accelerate our international growth and add a leading freemium solution to our go-to-market model. We fit well together culturally. We share a relentless focus on delivering innovative products to customers and always think of the customer first. We can’t wait to get started with Avira. “

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