November 7, 2014 / 12:37 AM / 3 years ago

Security software maker AVG approached by possible buyers: WSJ

(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

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