Smith Micro Software & Avast Announce Purchase Agreement

Aitechpark10 Mar, 2021Technology

Smith Micro announces intention to acquire Avast?s Family Safety Mobile Business and establish reciprocal preferred partner status Smith Micro Software, Inc. (the ?Company? or ?Smith Micro?) (NASDAQ: SMSI) and Avast plc (?Avast?) (LSE: AVST) today announced a definitive agreement under which Smith Micro will acquire Avast?s Family Safety Mobile Business. The acquisition encompasses Avast?s portfolio of mobile parental controls services including location features, content filtering and screen time management, and will cement Smith Micro as a market leader in delivering family mobile software solutions to the carrier industry.