Avast acquires AVG for $1.3bn

Posted by   Martijn Grooten on   Jul 8, 2016

There was interesting news in the anti-virus world yesterday, as Avast announced the acquisition of its competitor AVG.

Both companies were founded in the Czech Republic and both are best known for their free home anti-virus products. Indeed, it is not uncommon for people to confuse the two companies. Writing on his company's blog, Avast CEO Vincent Stecker writes:

Shortly after I started as CEO almost 8 years ago, I remember giving a presentation to a large audience about Avast. About an hour later, a gentleman walked up to me and complimented me on how good the presentation was and how he enjoyed hearing about AVG.

If it were ever true, the time when running an anti-virus product alone provided sufficient protection against online threats is long behind us, especially in the context of advanced and targeted attacks. Apart from improving the proactive detection capabilities of their products, many anti-virus vendors have added products and services to their portfolios.

Unsurprisingly, these changes in the threat landscape, combined with the saturated anti-virus market, have led to a number of acquisitions, and this is unlikely been the last.

Though AVG may be best known for its free product, acquiring the company certainly won't be free: Avast will pay US$1.3 billion for it. At time of writing, the deal is still subject to regulators ticking the box to say they agree with all the terms and conditions.

avastavg.jpg

twitter.png
fb.png
linkedin.png
hackernews.png
reddit.png

 

Latest posts:

VB2019 paper: DNS on fire

In a paper presented at VB2019, Cisco Talos researchers Warren Mercer and Paul Rascagneres looked at two recent attacks against DNS infrastructure: DNSpionage and Sea Turtle. Today we publish their paper and the recording of their presentation.

German Dridex spam campaign is unfashionably large

VB has analysed a malicious spam campaign targeting German-speaking users with obfuscated Excel malware that would likely download Dridex but that mostly stood out through its size.

Paper: Dexofuzzy: Android malware similarity clustering method using opcode sequence

We publish a paper by researchers from ESTsecurity in South Korea, who describe a fuzzy hashing algorithm for clustering Android malware datasets.

Emotet continues to bypass many email security products

Having returned from a summer hiatus, Emotet is back targeting inboxes and, as seen in the VBSpam test lab, doing a better job than most other malicious campaigns at bypassing email security products.

VB2019 paper: We need to talk - opening a discussion about ethics in infosec

Those working in the field of infosec are often faced with ethical dilemmas that are impossible to avoid. Today, we publish a VB2019 paper by Kaspersky researcher Ivan Kwiatkowski looking at ethics in infosec as well as the recording of Ivan's…

We have placed cookies on your device in order to improve the functionality of this site, as outlined in our cookies policy. However, you may delete and block all cookies from this site and your use of the site will be unaffected. By continuing to browse this site, you are agreeing to Virus Bulletin's use of data as outlined in our privacy policy.