AVG To Buy Family-Focused Mobile Security Company, Location Labs, In Deal Worth Up To $220M

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Location Labs Mobile security company Location Labs is being acquired by online security firm AVG in a deal worth up to $220 million. AVG said today it will pay around $140 million initially to buy Location Labs, plus up to an additional $80 million in cash consideration over the next two years, based on certain performance metrics and milestones being met. Read More