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  6. Avast Acquires SecureKey Technologies

M&A Deal Summary

Avast Acquires SecureKey Technologies

On March 24, 2022, Avast acquired information technology company SecureKey Technologies

Acquisition Highlights
  • This is Avast’s 1st transaction in the Information Technology sector.
  • This is Avast’s 1st transaction in Canada.
  • This is Avast’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-03-24
Target SecureKey Technologies
Sector Information Technology
Buyer(s) Avast
Deal Type Add-on Acquisition

Target

SecureKey Technologies

Toronto, Ontario, Canada
SecureKey Technologies is an identity and authentication provider that simplifies consumer access to online services and applications. SecureKey enables a next generation privacy-enhancing identity and authentication network for connecting people to online services using digital credentials they already have and trust. SecureKey Technologies is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Avast

Prague, Czech Republic
Category Company
Founded 1988
Sector Software
Revenue 893M USD (2020)
DESCRIPTION

Avast develops avast! Free Antivirus, a free full-featured computer security application that protects more than 150 million registered users around the world from online threats. The company’s products are distributed globally through a unique ‘freemium’ business model. Avast was formed in1988 and is based in Prague, Czech Republic.

DEAL STATS #
Overall 8 of 8
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 8
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-09 Evernym

Seattle, Washington, United States

Evernym is a provider in self-sovereign identity. Evernym's groundbreaking approach to digital identity provides consumers with autonomy over their online presence by keeping their personal information with them and out of centralized databases. Evernym was founded in 2013 and is based in Seattle, Washington.

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