Avast vs Mcafee
Last updated: November 08, 2021
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McAfee is owned by Intel. Delivering proactive and proven security solutions and services that help secure systems and networks around the world, Intel Security protects consumers and businesses of all sizes from the latest malware and emerging online threats. Our solutions are designed to work together, integrating anti-malware, antispyware, and antivirus software with security management features that deliver unsurpassed real-time visibility and analytics, reduce risk, ensure compliance, improve Internet security, and help businesses achieve operational efficiencies.
Avast vs Mcafee in our news:
2021. Investor consortium to acquire McAfee for $14B
Cybersecurity software company McAfee took another interesting twist today when an investor consortium consisting of six investment firms announced that they were purchasing the company for $14 billion. The investor group companies will each be providing financial and operational resources. How that will work isn’t completely clear. The company will certainly have a lot of bosses to deal with. It’s worth noting that McAfee built in a “go shop” provision into the deal, a fairly common practice that gives it 45 days to find a better price. While that is an unlikely outcome, the provision provides shareholders with some proof the company got the best deal it could for them.
2021. NortonLifeLock and Avast merge in $8.1B deal
U.S. cybersecurity firm NortonLifeLock has acquired Czech rival Avast for $8.1 billion in order to create a global consumer security powerhouse. NortonLifeLock, formed in 2019 as a spin-off from Symantec, says the deal will create an industry-leading consumer cyber safety business and dramatically expand its user numbers thanks to Avast’s 435 million-strong customer base. Avast, founded in 1988, focuses on cybersecurity software for consumers and small and medium-sized businesses and describes itself as one of the largest security companies. However, the company has not been without controversy during its near-25-year history.
2021. McAfee sells its enterprise business
Security firm McAfee is selling its enterprise business to a consortium led by the private equity firm Symphony Technology Group for $4 billion. It should pair well with RSA, another enterprise-focused security company the private equity firm purchased last February for $2 billion. McAfee President and Chief Executive Officer Peter Leav says that his company has decided to direct the firm’s resources to the consumer side of the business.
2016. Avast Antivirus acquired competitor AVG
Avast, one of our the most populer antivirus applications, is acquiring one of it’s biggest rivals, AVG Technologies, for $1.3 billion in cash. The deal will give Avast access to over 400 million devices that currently use Avast or AVG’s software. This includes 250 million PC and Mac users, and 160 million mobile users. The actual acquirement process will take a few months, but you can expect positive changes in threat detection efficiency already in the near future. Avast will be able to gather more threat data to improve user protection on PC, Mac, mobile, and even start branching out into Internet of things hardware. And Avast will have access to AVG’s Zen mobile technology that’s used to protect an entire family’s devices from just one primary device. The combo also means they’ll be able to improve technical support to business users.