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AVG Paying up to $220 Million

AVG Technologies said Wednesday it is buying privately held mobile security firm Location Labs for $140 million up front, plus as much as $80 million over the next two years. AVG is looking to the deal to boost its mobile efforts, with Location Labs bringing both relationships with carriers as well as well-established family-locator and safe-driving apps http://recode.net/2014/09/03/avg-to-pay-at-least-140-million-to-acquire-location-labs-in-bid-to-boost-mobile-efforts/ #tech

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