{"id":798858,"date":"2021-08-11T10:13:35","date_gmt":"2021-08-11T10:13:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/08\/11\/computer-security-firm-norton-buys-avast-for-over-8-billion\/"},"modified":"2021-08-11T10:13:35","modified_gmt":"2021-08-11T10:13:35","slug":"computer-security-firm-norton-buys-avast-for-over-8-billion","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/08\/11\/computer-security-firm-norton-buys-avast-for-over-8-billion\/","title":{"rendered":"Computer security firm Norton buys Avast for over $8 billion"},"content":{"rendered":"<p>US cyber security giant NortonLifeLock is to buy Czech rival Avast for over $8 billion to create a leading consumer business, the pair announced Wednesday after the pandemic fuelled online activity.<\/p>\n<p>The deal, equivalent to more than 6.7 billion euros, &#8220;is a huge step forward for consumer cyber safety and will ultimately enable us to achieve our vision to protect and empower people to live their digital lives safely&#8221;, Norton chief executive Vincent Pilette said in a joint statement.<\/p>\n<p>Ondrej Vlcek, chief executive of London-listed Avast, said that amid increasing global cyber threats, the tie-up would allow for &#8220;enhanced solutions and services, with improved capabilities&#8221;.<\/p>\n<p>More than 500 million users will benefit from the new group&#8217;s safety offerings, the statement added.<\/p>\n<p>Pilette was set to become chief executive of the expanded group, while Vlcek is to join NortonLifeLock as president and become a member of the NortonLifeLock board.<\/p>\n<p>The combined company, to be listed on the Nasdaq, will be dual headquartered in Prague and Tempe, Arizona.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US cyber security giant NortonLifeLock is to buy Czech rival Avast for over $8 billion to create a leading consumer business, the pair announced Wednesday after the pandemic fuelled online activity. The deal, equivalent to more than 6.7 billion euros, &#8220;is a huge step forward for consumer cyber safety and will ultimately enable us to achieve our vision to protect and empower people to live their digital lives safely&#8221;, Norton chief executive Vincent Pilette said in a joint statement. Ondrej Vlcek, chief executive of London-listed Avast, said that amid increasing global cyber threats, the tie-up would allow for &#8220;enhanced solutions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-798858","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798858"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798858\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}