Announced
Financials
Tags
Pending
Single Bidder
Cross Border
Private
Digital Services
Germany
cybersecurity
Private Equity
Disposal
Friendly
Acquisition
Majority
Synopsis
NortonLifeLock, an American software company, agreed to acquire Avira, a Germany-headquartered, global cybersecurity software solutions firm, from Investcorp, a global investment manager, for $360m. "I am delighted to welcome Avira to the Norton family. We strive to bring Cyber Safety to everyone, and acquiring Avira adds a growing business to our portfolio, accelerates our international growth and expands our go-to-market model with a leading freemium solution. Culturally, we are a great match. We share a relentless focus on delivering innovative products to customers and we always think customer-first. We cannot wait to get started with Avira," Vincent Pilette, NortonLifeLock CEO.
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