Finsbury Glover Hering represents Czech Republic-based Avast as it merges with NortonLifeLock in a cash/stock cybersecurity deal worth more than $8B.
The merger combines Avast’s strength in privacy and NortonLifeLock’s expertise in identity, creating a broad and complementary product portfolio.
The combined cybersecurity company, which will trade on the NASDAQ, will serve more than 40M direct customers and 500M-plus users.
“This transaction is a huge step forward for consumer cyber safety and will ultimately enable us to achieve our vision to protect and empower people to live their digital lives safely,” said Vincent Pilette, CEO of NortonLifeLock.
Following the completion of the transaction, Pilette will be CEO, Avast chief Ondřej Vlček will become president and NortonLifeLife CFO Natalie Derse will keep her title.
The company will be dual headquartered in Prague and Tempe, AZ.
Finsbury Glover Hering has Dorothy Burwell representing Avast, which is listed on the London Stock Exchange.
WPP owns Finsbury Glover Hering.