Avast acquires its rival, AVG, for $1.3 billion
Today, Avast, which is well-known for its antivirus program that is being used by over 230 million user, announced that they will acquire their rival, AVG, for $1.3 billion in cash.
This deal will allow both companies to expand their markets across the world as deal concerns total of 410 million users ( 250 million of them being Mac or PC users and about 160 million mobile users ).
Also, both of the companies may merge their softwares to make one solid antivirus program. However, they can also choose to have two separate programs for different types of users.