LONDON: US cybersecurity giant NortonLifeLock is to buy Czech rival Avast for over $8 billion (RM 33.9 billion) to create a leading consumer business, the pair announced Wednesday after the pandemic fuelled online activity.The deal, equivalent to more than 6.7 billion euros, “is a huge step forward for consumer cyber safety and will ultimately enable us to achieve our vision to protect and empower people to live their digital lives safely”, Norton chief executive Vincent Pilette said in a joint statement.Ondrej Vlcek, chief executive of London-listed Avast, said that amid increasing global cyber threats, the tie-up would allow for “enhanced solutions and services, with improved capabilities”
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