0
Broadband

NortonLifeLock buys Avira for USD 360 million

Monday 7 December 2020 | 15:24 CET | News
The transaction is expected to increase earnings in the first year, adding about 3 points of growth to NortonLifeLock revenues with more than 1.5 million paying customers. The merger is also seen achieving a 50 percent operating margin after synergies.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: NortonLifeLock
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Avast confirms talks to merge with NortonLifeLock

Published 15 Jul 2021 10:22 CET | World
Avast and NortonLifeLock have confirmed they are in merger talks, following multiple reports in the press. The deal would see ...

NortonLifeLock quarterly revenue up 9% to USD 672 mln

Published 11 May 2021 13:12 CET | World
Cyber-security firm NortonLifeLock saw its revenue grow 9 percent to USD 672 million in its fiscal fourth quarter to March. With ...

NortonLifeLock targets double-digit revenue growth over coming 5 years

Published 11 May 2021 09:25 CET | World
NortonLifeLock unveiled long-term goals during its first investor day, with a focus on accelerating its revenue growth. For ...

NortonLifeLock sees better revenues in Q4 after reporting Q3 at high end of expectations

Published 05 Feb 2021 11:08 CET | World
Cyber safety specialist NortonLifeLock reported better-than-expected revenues for its fiscal third quarter to 1 January, up 3 ...

NortonLifeLock announces global availability of Norton 360 for gamers

Published 27 Jan 2021 10:53 CET | World
NortonLifeLock announced the global availability of Norton 360 for Gamers. The platform is meant to protect PC gamers with ...

NortonLifeLock reports better-than-expected Q3

Published 06 Nov 2020 10:16 CET | World
Cyber safety specialist NortonLifeLock reported better-than-expected results for the third quarter, with revenues rising 5 ...

NortonLifeLock releases Privacy Monitor Assistant

Published 30 Oct 2020 09:18 CET | World
NortonLifeLock unveiled Privacy Monitor Assistant, a new service that helps consumers fight back against data brokers sharing ...

McAfee prices IPO at USD 20 per share, raises USD 740 million in total

Published 22 Oct 2020 09:03 CET | World
McAfee has priced its initial public offering of shares at USD 20 per share, at the lower end of the range of USD 19-22. This ...

NortonLifeLock unveils Family plans, School Time feature

Published 13 Oct 2020 17:02 CET | World
NortonLifeLock announced Norton 360 with LifeLock for Family protection plans. The software can help protect the whole family's ...

NortonLifeLock finalises sale of Culver City campus

Published 28 Jul 2020 09:00 CET | United States
NortonLifeLock said it finalised the sale of its Culver City, California campus with Northwood Investors for USD 120 million. ...

NortonLifeLock buys back portion of convertible notes held by Bain, Silver Lake

Published 18 May 2020 13:44 CET | World
NortonLifeLock said it will be buying back some convertible notes held by Bain Capital Private Equity and Silver Lake. Under the ...

Investcorp buys Avira for reported USD 180 mln

Published 09 Apr 2020 10:53 CET | World
Alternative investment manager Investcorp has acquired Germany-based cyber security company Avira. With Investcorp as ...

NortonLifeLock sells ID Analytics to LexisNexis Risk Solutions

Published 13 Jan 2020 15:25 CET | World
NortonLifeLock has agreed to sell its ID Analytics (IDA) business for USD 375 million to LexisNexis Risk Solutions. The ...

NortonLifeLock attracts takeover interest from McAfee, private equity - report

Published 10 Dec 2019 09:01 CET | World
NortonLifeLock, the consumer internet security company spun off from Symantec, has attracted takeover interest from rival McAfee ...





Calendar   /   Industry Events

25 Jul Fiber Connect
27 Jul Juniper Networks Q2 2021
27 Jul KPN Q2 2021
27 Jul Telefonica Brasil Q2 2021
27 Jul TIM Q2 2021
27 Jul TIM Brasil Q2 2021
27 Jul Corning Q2
27 Jul AudioCodes Q2 2021
27 Jul A10 Networks Q2
27 Jul Alphabet Q2
27 Jul MediaTek Q2 2021
27 Jul NortonLifeLock fiscal Q1
27 Jul Microsoft fiscal Q4
27 Jul SK Hynix Q2
28 Jul Ribbon Communications Q2 2021
28 Jul Altice USA Q2
28 Jul Qualcomm fiscal Q3
28 Jul Ooredoo Q2 2021
28 Jul Extreme Networks fiscal Q4
28 Jul Facebook Q2
28 Jul Equinix Q2
28 Jul Cirrus Logic Q1
28 Jul Spotify Q2 2021
28 Jul Telefonica Deutschland Q2 2021
29 Jul Nokia Q2 2021
29 Jul Vodacom fiscal Q1
29 Jul Liberty Global Q2 2021
29 Jul Consolidated Communications Q2
29 Jul CyrusOne Q2 2021
29 Jul CoreSite Q2 2021
::: More Calendar Items