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Avast Acquires AVG For $1.3 Billion To Create Security Software Giant (venturebeat.com)

An anonymous reader quotes a report from VentureBeat: Security software giant Avast Software has acquired rival AVG Technologies. Avast will pay $25 in cash for each of AVG's outstanding ordinary shares, in a deal amounting to around $1.3 billion. Avast said that it's acquiring AVG to "gain scale, technological depth and geographical breadth" and so it can "take advantage of emerging growth opportunities in internet security as well as organizational efficiencies." The combined company will have access to "400 million endpoints" -- that is, devices that have some form of Avast or AVG application installed. Almost half of those are mobile too, which is key in a world that is increasingly shifting away from the desktop. With access to more devices, this will serve the joint company a bigger pool of data on malware, meaning it should be better positioned to offer better security products. "We are in a rapidly changing industry, and this acquisition gives us the breadth and technological depth to be the security provider of choice for our current and future customers," said Vince Steckler, CEO of Avast. "Combining the strengths of two great tech companies, both founded in the Czech Republic and with a common culture and mission, will put us in a great position to take advantage of the new opportunities ahead, such as security for the enormous growth in IoT." The boards of both companies have approved the acquisition. However, AVG's shareholders still need to approve the deal, which Avast expects to happen between September and October 2016.

60 of 104 comments (clear)

  1. new company by Anonymous Coward · · Score: 3, Funny

    is called "Avavg"

    1. Re:new company by Big+Hairy+Ian · · Score: 1

      Surely it will just be "Avast Accumulation of Wealth"

      --

      Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

    2. Re:new company by Anonymous Coward · · Score: 1

      You misspelled "personal data".

    3. Re:new company by jellomizer · · Score: 1

      "3M and M&M merged to become... You guessed it... Synergy Systems!"

      Chances are it would be the company with the highest "Good Will" (Accounting term for name recognition) on their balance sheets. Will keep the name.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    4. Re:new company by lgw · · Score: 2

      More likely "Avast Accumulation of Bureaucracy". Still, I doubt they can become so large and awkward that their products reach the quality level of Norton AV. I think quantum physics protects us from having two adjacent products at absolute zero.

      --
      Socialism: a lie told by totalitarians and believed by fools.
    5. Re:new company by tinkerton · · Score: 1

      Or just 'Vast'?

    6. Re:new company by tinkerton · · Score: 1

      Will keep the name.

      5M! 4M&M! MMMM&M!

  2. Isnt AVG free? by Anonymous Coward · · Score: 2, Interesting

    Why would you pay for it?

    1. Re:Isnt AVG free? by jeremyp · · Score: 1

      So is Avast! But they apparently have $1.3 billion to pay for their rival.

      --
      All I want is a secure system where it's easy to do anything I want. Is that too much to ask ~~ Randall Munroe
    2. Re: Isnt AVG free? by lucm · · Score: 1

      I don't know what OS you think of, but even for OS/400 there's antiviruses.

      http://www.itjungle.com/fhs/fh...

      --
      lucm, indeed.
    3. Re:Isnt AVG free? by Blaskowicz · · Score: 1

      AVG Free or Free AVG depending on what they call it, it was really freeware some years back (like, in 2009 or 2011). It didn't even nag you once a year. For this and the light impact on system resources, I've had or I had a good opinion of AVG. Later, they switched to acting as almost-scareware like other major free antivirus software such as Avast, pretending it's expired about once a year. I switched to Avast since (on other people's Windows installations) but lately its "scareware mode" asks you to register with an e-mail address. I found out the only way to make it go away short to caving to at least one of their demands, is to enter a garbage e-mail address. Random letters in the form of xxxx@yyy.com.

      Interestingly, my AVG Free installation from 2011 is "grandfathered" in : even when updated and upgraded, it never goes into "expired" and "warning" mode (which most AV software uses as a trick to upgrade you to a paid version etc.)
      So they went into nagware, but leaving the older arrangement as is instead of overriding it was a nice thing. Too bad that Windows installation is a bit borked (did you know Windows 7 can get stuck at SP0? if that's common there might be millions of computers at risks. I wonder what's the market share of Windows 7 without SP1)

      Also : free antiviruses say in their license that for a professional/corporate use, you must pay. So you've always had to pay for AVG if it's to be used in a cubicle office etc. Like that's a honor system, but I suspect nagware mode also discourages IT from just installing the free/home version on all workstations and forgetting about it.
      One big gripe I have then : they all refuse to install on Windows Server 2003, 2008 etc.
      Windows Server in a home or personal use, I'm sure it's very rare but why not lol. Server 2003 was awesome, I once used it as a better lite XP than pirate cdrom images of lite XP. This virtually means that if you run Windows Server on a home desktop, you'll have to pay a subscription to an antivirus vendor.

    4. Re: Isnt AVG free? by LesFerg · · Score: 1

      No, they dropped the premium version and 'upgraded' us all to their free advertising end point some time ago. At the same time they read about material design on the web and replaced a really good looking mobile app with a childish cartoon 'upgrade' and removed a bunch a features. I was not impressed.

      --
      If I had a DeLorean... I would probably only drive it from time to time.
    5. Re: Isnt AVG free? by mschwanke97402 · · Score: 2

      Well as I am told the former big guy at AVG that turned that product into more adware than not moved to Avast to accomplish the same goal. It only makes sense that he buys out his former company and puts all of his handiwork into one business.

  3. ugh by LichtSpektren · · Score: 3

    It's rather appalling that there even exists a multibillion dollar anti-virus industry for Windows. Although I'm not entirely blaming Microsoft here, since almost every single one of these shite companies are snake-oil salesmen that poach upon Windows' reputation for being insecure (it still is, but avast or AVG aren't going to fix it).

    1. Re:ugh by paskie · · Score: 1

      ...except that half of the devices are mobile, which probably means mainly Android. I think as people migrate to latest Windows with their Windows Defender builtin, it's going to be tricky to hold on the PC market

      (Yeah, not that AVs help a lot, of course, unless you are doing something crazy like downloading cracks. But perception is everything.)

      --
      It's not the fall that kills you. It's the sudden stop at the end. -Douglas Adams
    2. Re:ugh by CastrTroy · · Score: 3, Insightful

      I'm not sure what the solution is. The main reason that Windows is "insecure" is that it allows you to run whichever program you tell it to. There are other types of exploits out there, but 99% of the problems the people encounter with their computers are from things that they have actively chosen to run. The only way to really stop this is to adopt a walled garden approach like we have with iOS. Linux or MacOS are both vulnerable to user stupidity in the same way as Windows, it's just that usually there are more intelligent people running Linux or MacOS. I've known plenty of people with Macs who've ended up with Malware.

      --

      Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
    3. Re:ugh by Maow · · Score: 1

      I'm not sure what the solution is.

      I suspect some sort of central software repository would help alleviate the unintentional installation of malware.

      Last time I had to install something on a Windows box, I had to go looking for whatever it was and was appalled at the shadiness of the sites that offered downloads.

      Of course, any implementation in the Windows world would end up being an "app store" model which would be expected to generate revenue. i.e. Mostly Useless.

    4. Re: ugh by LesFerg · · Score: 1

      I like the chocolatey package manager for windows, it seems to handle most apps I set up on a new PC. But does anybody know how well they screen the packages?

      --
      If I had a DeLorean... I would probably only drive it from time to time.
  4. And I'm just sitting here running Bitdefender by drinkypoo · · Score: 3, Informative

    Avast and AVG's free products are both dedicated to the notion that they can harass and annoy you into giving them money. Does that work on people?

    --
    "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    1. Re:And I'm just sitting here running Bitdefender by drinkypoo · · Score: 1

      Just wait until there is 30 days left on your Bitdefender subscription...

      I did have to sign up for an account with them, which you need if you're going to submit false positive reports anyway. I've had one of those (I had more with the other guys) so I actually used mine. But supposedly, it will persist as long as the product does...

      --
      "You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
    2. Re:And I'm just sitting here running Bitdefender by Thelasko · · Score: 1

      Avast and AVG's free products are both dedicated to the notion that they can harass and annoy you into giving them money. Does that work on people?

      In my experience, AVG is far more annoying than Avast. Especially on their mobile products. The AVG Android app is so terrible, I would say it's malware (adware specifically) itself.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    3. Re:And I'm just sitting here running Bitdefender by jeremyp · · Score: 1

      I have Avast! installed on my Mac and it is not overly obtrusive. Occasionally it asks me to upgrade to the paid product, but that is about it.

      --
      All I want is a secure system where it's easy to do anything I want. Is that too much to ask ~~ Randall Munroe
    4. Re:And I'm just sitting here running Bitdefender by sremick · · Score: 1

      I use Avira on Windows and Avast on Macs. On Macs, Avast is quite silent.

  5. Great... by hyperar · · Score: 1

    I got to find a new free AV solution, fuck.

    1. Re:Great... by Anonymous Coward · · Score: 1

      Re-enable Windows Defender. It's as good against existent threats as any of the bloatware and it takes a small fraction of the system resources to run.

  6. uh-oh... by fishscene · · Score: 3, Insightful

    I'm an AVAST user. For years, AVG has been well-known to bring good computers to their knees. I specifically remember an entire classroom of computers slowing to a near stand-still because AVG initiated a scan. Presentations had to be halted, etc... For years afterward, every computer that had AVG was very slow and when switched to AVAST, speed up immensely. If Avast even hints at becoming slower after this buyout, I'm finding a new antivirus. I have no loyalty.

    1. Re:uh-oh... by The-Ixian · · Score: 4, Informative

      AVG was ok back in the day.

      They had a pretty good client/server product that made central deployment very easy.

      At the time, it ran circles around Symantec's client/server software.

      But then, around 10 years ago, AVG started going down the same road that Symantec went down. Adding feature bloat to every new release.

      Within a couple of years, AVG had destroyed their lean software.

      --
      My eyes reflect the stars and a smile lights up my face.
    2. Re:uh-oh... by eaglesrule · · Score: 1

      Of course any antivirus doing a scheduled hdd scan would slow down the machine, especially on laptops that have slow 5400 rpm drives. It was trivial to configure policy using the AVG enterprise console for scheduling scans around 3am to avoid this problem. Perhaps you were just using the free version and not bothering with setting it up after install.

      I had my problems with AVG but not the slowness you described. My biggest issue with AVG was that their enterprise support was the same priority as the free personal use product, as in near non existent.

    3. Re:uh-oh... by hairyfeet · · Score: 1

      Ugh, don't even suggest that notion as I'll be having to switch over a ton of customers that currently use Avast. I personally prefer Comodo IS (just remember to uncheck their "geekbuddy" tech support horsecrap) because it has both app and browser sandboxing by default but for those users that don't want to ever have to touch or change anything? Avast is just perfect for them.

      Of course this won't be the first time a security company has been bought out and turned to shit, I'm old enough to remember when Peter Norton ran his own company and Norton AV was a top notch product that was fast and low resource....yeah, hasn't been that in many a long year. Maybe they are just buying them for the userbase and Tuneup Utilities, which BTW is actually quite nice.

      --
      ACs don't waste your time replying, your posts are never seen by me.
  7. Re:AVG constantly upselling by Joe_Dragon · · Score: 4, Informative

    AVG used to be good and then it got very bloated.

  8. When two turds float in the same toilet... by wbr1 · · Score: 1
    ..do they smell as bad?

    AVG has sucked for years, both in resource utilization and questionable behavior. Avast likes to spam for paid subs, even though the last I looked they had a decent catch rate.

    I don't see myself using or recommending them ever unless something changes. My current recommendation to customers is BitDefender free. Lightweight, quiet, and works. That is if they don't want to spring for our managed product (which uses a customized version of bitdefender for the AV portion of the service).

    --
    Silence is a state of mime.
  9. Re: half mobile... by JcMorin · · Score: 1

    If half are mobile, does that means those run on windows phone?

  10. This is a good thing by ilsaloving · · Score: 1

    This is great news. Now when I'm comparing AV test suites, I now only have to skip past one column of wasted space rather than 2. That will leave more room for AV software that isn't substandard.

  11. Re:AVG constantly upselling by richy+freeway · · Score: 1

    Avast is pretty much on par with AVG for pop ups and bloat.

  12. Are antivirus (especially free one) still relevant by Eloking · · Score: 4, Insightful

    First off, all virus come from the internet nowadays. Yeah there's USB stick, but, in most case, you plug them between stuff at your house.

    Add a good browser paired with ad-block kinda remove all threat from your usual website. Now even Chrome block you from entering website with reported attack. Even sending virus through email seems like a challenge with build-in antivirus check scanning the crap out of every byte in your attached file.

    And, as a final layer of security, there's the new Microsoft antivirus (Defender, ex. Microsoft Security defender) that seem to give a decent security. And it's got the most importing feature that all others antivirus seem to lack, it's not a virus itself.

    How many time I have checked a slow laptop only to uninstall Norton and see it running fine again? And what about the other free antivirus? When they don't put adware and trick you into giving them money, they just simply sell your data : http://www.pcmag.com/article2/...

    So, back to my initial question, are antiviruses still relevant today?

    --
    Elok
  13. Re:Are antivirus (especially free one) still relev by Anonymous Coward · · Score: 1

    I don't think they've been relevant for about 10 years.

    Of course I prefer proper hygiene on a computer than raw dogging hookers in Thailand and then hoping penicillin works.

    And proper hygiene isn't even AV or condoms - just don't be stupid with what you connect to. pine for email, don't visit random sites, ad-block things, etc.

  14. Outstanding by idbeholda · · Score: 1

    It's like they've merged two crap commercial scanners into one, hoping you'll pay for the privilege.

  15. Re:Are antivirus (especially free one) still relev by Sir_Eptishous · · Score: 1

    I had the same thought, and I assumed someone in here would say it before I did.
    In an enterprise environment running Windows desktops and servers, etc, I feel that unfortunately a third party AV is still relevant, even with all the resource usage issues as you mentioned.
    With that being said however we see that as more and more users are primarily on mobile or tablet platforms, the question there is more of a concern with people like AVG/Avast.

    The Windows desktop/server AV market appears to be shrinking and I would assume less and less crumbs are falling off the table.

    --
    We play the game with the bravery of being out of range
  16. Re:Are antivirus (especially free one) still relev by Sir_Eptishous · · Score: 1

    You assume the average computer user in a corporate environment has the forethought to be "hygienic" on their windows desktop computer.
    That's asking a lot.

    --
    We play the game with the bravery of being out of range
  17. A marriage made in Hell by JustAnotherOldGuy · · Score: 1

    Two craptastic dinosaurs merge to form a larger, even more craptastic dinosaur.

    Stand back so ya don't git splattered by the "innovation".

    --
    Just cruising through this digital world at 33 1/3 rpm...
    1. Re:A marriage made in Hell by idbeholda · · Score: 1

      Stand back, lest ye contract digital pink eye.

  18. Re: half mobile... by Sir_Eptishous · · Score: 1

    If half are mobile, does that means those run on windows phone?

    Yep, all 237 of them.

    --
    We play the game with the bravery of being out of range
  19. I just won Bullshit Bingo by houghi · · Score: 1

    "We are in a rapidly changing industry, and this acquisition gives us the breadth and technological depth to be the security provider of choice for our
    current and future customers," said Vince Steckler, CEO of Avast. "Combining the strengths of two great tech companies, both founded in the Czech Republic and with a common culture and mission, will put us in a great position to take advantage of the new opportunities ahead, such as security for the enormous growth in IoT."

    --
    Don't fight for your country, if your country does not fight for you.
  20. They chose poorly by chispito · · Score: 1

    Definitions-based antivirus is on its way out for a simple reason: The viruses that make it to your endpoint do so because there is no definition for them yet. They aren't new or clever, they're simply re-hashed versions of the same viruses you saw five years ago.

    Cylance is an algorithmic (definitions-free) agent that is apparently quite effective. I suspect however that if they ever gain a dominant market share, malware authors will adapt and find ways to evade their "math power." And even worse, their product does no remediation. Once something gets through the gates, it could be months before there is an update that detects it.

    --
    The Daddy casts sleep on the Baby. The Baby resists!
  21. Re:Are antivirus (especially free one) still relev by wbr1 · · Score: 2
    Windows defender sucks ass. See here: https://www.av-test.org/en/ant...

    Far below industry average. So yes AV is still relevant. For more data, try here: http://www.av-comparatives.org...

    --
    Silence is a state of mime.
  22. Re:Are antivirus (especially free one) still relev by Eloking · · Score: 1, Interesting

    Windows defender sucks ass. See here: https://www.av-test.org/en/ant...

    Far below industry average. So yes AV is still relevant. For more data, try here: http://www.av-comparatives.org...

    And other website are saying defender is getting quite decent, especially for a free/no installation AV : http://www.pcworld.com/article...

    Furthermore, the core of my point is that no virus are supposed to reach that last layer of defence. Unless you are dependant on animal porn?

    --
    Elok
  23. Re:Are antivirus (especially free one) still relev by wbr1 · · Score: 2
    Your reliance on ad hominem (the animal porn jibe), shows the weakness of your position. MS Defender is just that-decent. I manage a shop that handles 100s of PCs a month. We used to recommend Defender (MSSE at that time). It is free, lightweight, and had a good capture percentage. The capture percentage has steadily dropped for 1.5 years or more. This is born out in serious real world (not PC world) testing and in our experience.

    User training and good web and spam filtering should always be the first line of defense, but when determining security, there are much better free options than Defender.

    Also, you are more likely to get a virus from a religious site than a porn site, my proclivities for donkey sex be dammed. http://irregulartimes.com/2013...

    Furthermore, you know where most of our infections come from? For businesses it is targeted spam, and occasional drive-by malware. For home users it is free streaming sites (download this updated flash player to watch GoT), or kids trying to get the newest free mod/cheat for minecraft (sometimes other games, but mostly 9-12 year olds and minecraft).

    --
    Silence is a state of mime.
  24. Makes zero difference by tgrigsby · · Score: 1

    I uninstalled AVG about 2 months ago after it once again rebooted my system during an "upgrade", crashing my VMs and losing my work for the last hour. I had it for years, even used to recommend it, but the fact that I had to "temporarily" disable AVG (typically until reboot) just to get anything done (performance and resource issues), combined with the daily nag messages, were already getting on my last nerve. Now I'm on MalwareBytes and getting my job done without interruption.

    Avast can eat AVG and poop out little money balls to its heart's content. I'll be over here not caring because AVG sucked so bad I already moved on.

    --
    *** *** You're just jealous 'cause the voices talk to me... ***
    1. Re:Makes zero difference by The-Ixian · · Score: 1

      I uninstalled AVG about 2 months ago after it once again rebooted my system during an "upgrade", crashing my VMs and losing my work for the last hour.

      Wait... so you have open unsaved stuff at the time of a major application upgrade? And you are blaming AVG for your lost work? That's a little crazy right there.

      --
      My eyes reflect the stars and a smile lights up my face.
    2. Re:Makes zero difference by Koen+Lefever · · Score: 1

      Does this application ask for permission before upgrading?

      --
      /. refugees on Usenet: news:comp.misc
  25. Re:Are antivirus (especially free one) still relev by Khopesh · · Score: 1

    I'm not sure I follow; just because a piece of malware comes from the internet doesn't mean your only diligence must be in your web browser (... and email client, torrent client, ...). Nowadays, we're more plagued than ever when it comes to zero-day malware, meaning that A/V misses it the first time around. You need a local A/V scanner that regularly evaluates potential threats, ideally upon each execution.

    Ad blockers only protect you from malvertising, not straight-up malicious web sites. These days, they're as important as A/V (and often more effective), but you really want both. Microsoft has in the past caught fewer viruses than even ClamAV (Windows Defender is lauded as "better than nothing, but it’s not a whole lot better. Most of the popular antivirus [solutions] can do better." I'd happily take the free solutions from Avira, Avast, AVG, or Panda over it. I currently suggest Avira to my friends and family, though I don't run Windows.

    See also this security question on Stack Exchange, which shows how a similar misconception (protecting only filesystem edits) is similarly risky.

    --
    Use my userscript to add story images to Slashdot. There's no going back.
  26. Re:I gave up on AVG by ITRambo · · Score: 1

    AVG is a cesspool these days. We'll soon see if Avast quality drops also. In the meantime. Avira and 360 Total Security with Bitdefender and Avira engines installed, both are excellent free AV programs, as long as you don't install tool bars or click on any free "opportunities" or recommendations.

  27. Twice the crap, still smells like crap. by GrBear · · Score: 1

    Seriously.. two of the worst AV programs I've ever used.. next to Panda which keeps false positiving on .NET apps.

  28. Re:AVG constantly upselling by whathappenedtomonday · · Score: 1

    AVG used to work fine, even when it became somewhat bloated. I recommended it quite a few times over other products and was generally thanked for my suggestion. I stopped using or recommending it last year when they changed their privacy policy and stated they'd sell whatever data they can gather from AVG anti virus installs. Back then, I thought that this wasn't just a bad move, but that they also might get swallowed up by a competitor pretty soon. Go figure.

    --
    I hope I didn't brain my damage.
  29. A sad day for competition by mike2006 · · Score: 1

    Not to forget all the jobs that will be lost after the merger. There is absolutely no good that will come from this from an end user, employee and competition stand point.

    AVG used to have a good product until it became a resource hog so one can only hope Avast will remain Avast.

  30. Re:Are antivirus (especially free one) still relev by eaglesrule · · Score: 1

    Personally I care about my hardware since wiping the OS after a malware infection is no guarantee that it has been removed. Not all AV is bloated and ineffective, and so it is worth it to pay next to nothing for a decent solution if it lessens the odds that I have to deal with malware at some point. Also, you might not have noticed that MS has turned completely user hostile anyway and has been turning their OS into an adware platform that also spies on you, so I don't even want my machine to be connected to MS if I can help it let alone rely on their 'free' av solution.

    If I must browse the web with windows, I use ad-blocked chromium in linux in a virtual machine on top of EMET and antivirus in a non-privileged user session. Some would say even that isn't good enough.

  31. AVG is garbage by slashmydots · · Score: 1

    Avast is a respectable, capable antivirus and AVG is a malware toolbar-making, slow, ineffective, spammy piece of shit. Wow, what a great merger.

  32. Just Say No by digitaljc · · Score: 1

    Enjoy the constant barrage of in-app advertising folks! Also, security software is largely just facade - deal with it.

  33. 'Czech Republic' a.k.a. 'Czechia' by D,Petkow · · Score: 1

    semi related:I believe the 'Czech Republic' is now called simply 'Czechia'

    1. Re:'Czech Republic' a.k.a. 'Czechia' by deiksac · · Score: 1

      Well not exactly, the name of the country is still the same. Recently there has been some push to promote Czechia as "officical" one-word-name