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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Sun., Jul. 5, 7:09 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #96. AVG Technologies Business of LPI Level Platforms

Acquirer: AVG Technologies (AVG)
Acquiree: Business of LPI Level Platforms
Details: AVG Technologies N.V. (NYSE:AVG), the provider of Internet and mobile security, privacy and optimization to 150 million active users, today announced that it has entered into an agreement to acquire, subject to closing, the business of LPI Level Platforms Inc., a leading remote monitoring and management software company.

AVG Technologies is a technology group based in the Netherlands. Co. is engaged in the provision of software and online services that simplify, optimize and secure Internet activity. Co.'s solutions range from desktop, laptop and mobile security software to secure Internet search solutions which can be downloaded from the Internet. Co.'s product portfolio targets consumer and small business markets and includes Internet security, PC performance optimization, online backup, mobile security, identity protection and family safety software. In addition, Co.'s online services, accessed through a browser toolbar, provide secure search capabilities through agreements with Internet search providers.

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Company Name: 
AVG Technologies NV
Stock buyback: 
AVG buyback
Website: 
www.avg.com
Sector: 
Information Technology Services
 

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Hold (2.00 out of 4)
75th percentile
(ranked higher than approx. 75% of all stocks covered)
Based on Zacks ABR data;
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