From NortonLifeLock buys Avira in $360 million cash deal | ZDNet:
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The press release does include the statement, "Brings freemium business model and 30M+ active devices to the Norton family." which implies the free version of Avira will remain available -- at least for the immediate future.
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Cybersecurity firm NortonLifeLock (formerly Symantec) has agreed today to acquire German antivirus maker Avira from Bahrain-based Investcorp Technology Partners in a $360 million all-cash deal.
The acquisition is expected to close in Q1 2021, subject to regulatory approvals and customary closing conditions, the two companies said today in joint press release.
The press release does include the statement, "Brings freemium business model and 30M+ active devices to the Norton family." which implies the free version of Avira will remain available -- at least for the immediate future.