Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,139.94
    +61.08 (+0.76%)
     
  • Bitcoin USD

    63,660.06
    +215.66 (+0.34%)
     
  • CMC Crypto 200

    1,330.32
    -66.21 (-4.75%)
     
  • S&P 500

    5,098.59
    +50.17 (+0.99%)
     
  • Dow

    38,176.14
    +90.34 (+0.24%)
     
  • Nasdaq

    15,922.96
    +311.20 (+1.99%)
     
  • Gold

    2,345.60
    +3.10 (+0.13%)
     
  • Crude Oil

    83.63
    +0.06 (+0.07%)
     
  • 10-Yr Bond

    4.6630
    -0.0430 (-0.91%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Security software maker AVG approached by possible buyers: WSJ

An AVG logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean Gardner

(Reuters) - AVG Technologies NV (AVG.N) has been approached by potential buyers amid a wave of deals for security-software makers, The Wall Street Journal reported on Thursday, citing people familiar with the matter.

There is no formal sale process, but should there be a deal, it would likely come together in the coming months, according to the report.

Amsterdam-based AVG Technologies provides software that neutralizes viruses and spams and provides internet security.

Private-equity firms have been increasing their bets on security-focused technology providers, WSJ reported

AVG could not be reached immediately for comment.

(Reporting by Rosmi Shaji in Bangalore)