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Avast completed the merger with NortonLifeLock in an $8.6bn deal.

Synopsis

Avast, a provider of security software to the consumer market as measured by the number of users, completed the merger with NortonLifeLock, a firm that sells cybersecurity and identity protection for individual consumers, in an $8.6bn deal. "We believe that everyone deserves the freedom to live their digital lives to the fullest. Half a billion users trust us to protect and empower their digital lives, and now that NortonLifeLock and Avast have come together, we plan to redefine and reimagine Cyber Safety for consumers and small businesses around the world," Vincent Pilette, NortonLifeLock CEO. On February 24, 2022, NortonLifeLock received antitrust clearance in Spain for merger with Avast. On August 3, 2022, CMA clears a $8.6bn NortonLifeLock-Avast merger. On September 2, 2022, UK Competition and Markets Authority approved the merger, it is expected to close at September 12, 2022.

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