M&A Deal Summary |
|
|---|---|
| Date | 2021-08-10 |
| Target | Avast |
| Sector | Software |
| Buyer(s) | Gen Digital |
| Deal Type | Merger |
| Advisor(s) | UBS Investment Bank J.P. Morgan Securities (Financial) White & Case (Legal) |
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| Category | Company |
|---|---|
| Founded | 1982 |
| Sector | Information Technology |
| Employees | 2,700 |
| Revenue | 3.8B USD (2024) |
Gen Digital is a cyber safety company that is dedicated to helping secure the devices, identities, online privacy, and home and family needs of approximately 50 million consumers, providing them with a trusted ally in a complex digital world. Gen Digital was founded in 1982 and is based in Tempe, Arizona.
| DEAL STATS | # |
|---|---|
| Overall | 77 of 77 |
| Sector (Software) | 49 of 49 |
| Type (Merger) | 2 of 2 |
| Country (Czech Republic) | 1 of 1 |
| Year (2021) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-07 |
Avira Operations KG
Tettnang, Germany Avira Operations GmbH & Co. KG is a cybersecurity software solutions firm serving the OEM (Original Equipment Manufacturer) and Consumer end markets, with over 500 million endpoints protected globally. the Company has developed particular strengths in Anti-Malware, Threat Intelligence, and IoT solutions. Its software provides next-generation security for users’ online identity, finances, and private data, protecting against viruses, malware, ransomware, and other threats. Avira Operations is based in Tettnang, Germany. |
Buy | $360M |
