12/07/2020
Press Release
Accelerates International Growth and Expands Consumer Reach through Freemium Model

TEMPE, Ariz. & TETTNANG, Germany--(BUSINESS WIRE)-- NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced it has agreed to acquire Avira in an all-cash transaction for approximately $360 million from Investcorp Technology Partners. Avira provides a consumer-focused portfolio of cybersecurity and privacy solutions to a strong base in Europe and key emerging markets.

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