NortonLifeLock’s $360M Avira Buy Gives It Access to 30M+ Devices

Investcorp will sell German consumer cybersecurity company Avira to NortonLifeLock for about $360 million in a transaction expected to close in Q1, said the institutional investment firm Monday (see also personals section, this issue). Buying Avira will speed NortonLifeLock’s expansion in Europe and emerging markets and gives it access to more than 30 million "active" devices, it said.