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NortonLifeLock, Avast in advanced merger talks

NortonLifeLock and Avast have confirmed they are in talks about a possible merger that could create the world’s largest consumer-focused cybersecurity company. The two firms confirmed they are in advanced discussions over such a merger after a report Wednesday by the Wall Street Journal that NortonLifeLock is in talks to acquire Avast in a cash-and-stock deal that could be completed in July. The deal could be valued at more than US$8 billion, the Journal reported. Prague, Czech Republic-based...
Czech Republic City Of United Kingdom Cisco Secure London Stock Exchange Symphony Technology Group
Source: crn.com.au

Cisco acquires events technology startup Socio Labs

Cisco Systems has completed its acquisition of events technology startup Socio Labs for an undisclosed sum, the companies announced on Thursday. The networking giant said that Socio’s technology will now be integrated into Cisco’s popular collaboration platform, Webex, to strengthen its event hosting and large-scale conferencing capabilities. Privately-held Socio Labs said its customers include Google, Microsoft, PepsiCo and Hyundai. Socio Labs offers an event technology platform that gives...
Jeetu Patel Cisco Collaboration Group Under Omar Tawakol Cisco Systems Socio Labs Cisco Security Collaboration Group
Source: crn.com.au

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