NortonLifeLock to buy out LSE-listed Avast for $8.6bn

Deal will create 'industry leading' cybersecurity business, Avast claims

Josh Budd
clock • 2 min read
NortonLifeLock to buy out LSE-listed Avast for $8.6bn

NortonLifeLock has revealed plans to acquire Avast for as much as $8.6bn, in a deal which it claims will create an "industry leading" consumer cybersecurity business. The transaction, made up of...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Sophos CEO Kris Hagerman steps down, acting CEO named

Sophos CEO Kris Hagerman steps down, acting CEO named

The cybersecurity vendor didn’t disclose a reason for Hagerman’s departure, which is “effective immediately,” with Sophos President Joe Levy taking the role of acting CEO

Kyle Alspach
clock 16 February 2024 • 3 min read
Cisco confirms it will lay off 5 per cent of workforce as product revenues down

Cisco confirms it will lay off 5 per cent of workforce as product revenues down

The tech giant, whose customers are still digesting orders received following the clearing of the massive backlog, saw weak product revenues in Q2 2024. Cisco also confirmed that it would be cutting jobs globally to adjust expenses focus on key growth areas, CEO Chuck Robbins told investors during the company’s fiscal Q2 2024 earnings call on Wednesday evening.

Gina Narcisi
clock 15 February 2024 • 3 min read
CrowdStrike picks Ignition Technology as second UK distributor

CrowdStrike picks Ignition Technology as second UK distributor

CrowdStrike’s chief business officer Daniel Bernard tells CRN the deal was driven by partner and customer cybersecurity demand

Kelsey Rees
clock 13 February 2024 • 2 min read