NortonLifeLock Acquires Avira from Investcorp for $360 Million

December 7, 2020

NortonLifeLock agreed to acquire Germany-headquartered cybersecurity software provider Avira from Investcorp for approximately $360 million in an all-cash deal announced in December 2020. The transaction, expected to close in Q1 2021 subject to regulatory approvals, strengthens NortonLifeLock’s consumer cyber-safety portfolio and builds a larger European footprint for the combined business.

Buyers
NortonLifeLock
Targets
Avira
Sellers
Investcorp
Industry
Cybersecurity
Location
Baden-Württemberg, Germany
Transaction Type
Buyout

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