Norton and Avast are merging
Popular antivirus makers Norton Lite Lock (formerly Symantec Corporation) and Avast are merging. Norton Life Hack is acquiring all the shares of Avast for more than eight billion US dollars and is going to build a bigger cybersecurity organization. News The Verge.
"This integration will strengthen our cybersecurity platform and bring the service to more than 500 million customers," said Vincent Pilate, CEO of Norton Life Lock. In addition, we will be able to innovate in cybersecurity.
Strengthening cybersecurity is now the most urgent need for consumers and businesses. In this case, customers will get the benefit of Avast's goal of privacy and Norton Life Lock experience.
The incidence of ransomware is on the rise in today's world. Every week there are big ransomware hacking incidents. Gigabytes of ransomware have been attacked this week. Last month, many customers were affected by a ransomware attack on Cassair's remote IT management software. In such a situation, the demand for antivirus and cybersecurity organizations has increased manifold. And with that in mind, Norton Life Lock has taken bold steps.
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