7.6 C
London
Saturday, February 4, 2023

UK clears $8.1 billion merger between NortonLifeLock and Avast – londonbusinessblog.com

Must read

Woman with tuberculosis from Washington refuses treatment, prompting court orders

Washington's Tacoma-Pierce County Health Department has obtained multiple court orders requires one Tacoma resident to get treatment for her active tuberculosis, officials told NBC...

Kapor Capital’s New Team Raises Opportunity Fund • londonbusinessblog.com

Four months after closing its largest fund to date, Kapor Capital wants more. The company is under new leadership after co-founders Freada and...

Plant-based Rebellyous raises millions to ‘revisit the nugget’ • londonbusinessblog.com

Rebelliousa startup aiming to build "a better chicken" has raised at least $20 million in new funding, londonbusinessblog.com has learned. The Seattle-based company calls its...

Wai Choy- Wiki, age, height, net worth, girlfriend, ethnicity

Wai Choi is a well-known Canadian actor and television personality. Wai Choy is known for his performance as Mathlete Tim Pack in the...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

Britain’s Competition and Markets Authority (CMA) has formally approved the proposed $8.1 billion merger between cybersecurity giants NortonLifeLock and Avast, a month after the deal was tentatively given the green light.

The merger has been at stake since the plans were first revealed in August. the CMA unveiled in March that it was investigating and stated that the combination of two closely aligned market-leading rivals raised significant competition concerns. And this is true, as both companies are among the top players in cybersecurity, with products that include antivirus, identity protection, VPNs, and more.

Thank Microsoft

Last month, the CMA took a slightly different tone, stating that the merger did in fact raise no competition concerns in the UK, citing Microsoft’s growing range of cybersecurity products as one reason. Indeed, Microsoft has strengthened its cybersecurity offering under the Defender brand for both consumers and enterprises – earlier this summer, the company launched Microsoft Defender for individuals on all major desktop and mobile platforms, while also a standalone version launched from Microsoft Defender for Business.

According to the CMA, these products, along with services from rivals like McAfee, the cybersecurity expert, have made everyone less dependent on NortonLifeLock or Avast.

“In recent years, Microsoft has improved its built-in, bundled security application so that it now offers protection that is as good as many of the products offered by specialized vendors,” the CMA said. wrote in his final review today. “In addition, Microsoft’s recently launched applications for its customers bring cybersecurity offerings closer to those of the merging companies and are likely to further strengthen Microsoft as a competitor in the future.”

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Woman with tuberculosis from Washington refuses treatment, prompting court orders

Washington's Tacoma-Pierce County Health Department has obtained multiple court orders requires one Tacoma resident to get treatment for her active tuberculosis, officials told NBC...

Kapor Capital’s New Team Raises Opportunity Fund • londonbusinessblog.com

Four months after closing its largest fund to date, Kapor Capital wants more. The company is under new leadership after co-founders Freada and...

Plant-based Rebellyous raises millions to ‘revisit the nugget’ • londonbusinessblog.com

Rebelliousa startup aiming to build "a better chicken" has raised at least $20 million in new funding, londonbusinessblog.com has learned. The Seattle-based company calls its...

Wai Choy- Wiki, age, height, net worth, girlfriend, ethnicity

Wai Choi is a well-known Canadian actor and television personality. Wai Choy is known for his performance as Mathlete Tim Pack in the...

A T-1000 Reality: What ChatGPT and AI Can Do for Us

With generative artificial intelligence (AI) systems such as ChatGPT and stable spread since it's the talk of the town right now, it could feel...