AVG Receives $235 Million As Part of Financing Deal

AVG Technologies has entered a credit agreement with JP Morgan and Morgan Stanley. The company has secured a five-year term loan for $235 million in their first capital markets transaction. AVG said that the financing will give them resources to realize strategic growth opportunities. AVG was founded in 1991 and their anti-virus software is used by over 110 million consumers and small businesses. [TechCrunch]

Related posts:

1. As Part of Zappos Deal, Amazon.com Now Owns Clothes.com
2. “Here You have” E-Mail Virus Spreading Across Corporate America
3. EchoStar Acquires Stake In Satmex As Part Of A $374 Million Deal
4. Chip Companies CSR and Zoran Merge As Part Of $679 Million Deal
5. Bit.ly Raises $8.9 Million In Series B Financing