<|begin_of_text|><|begin_of_text|><|begin_of_text|>The security vendor Avast has received a $100m investment from private equity firm Summit Partners, in exchange for a minority stake in the company.
Avast chief executive Vince Steckler described the $100m (£64m) deal on<wm> LinkedIn: “We appreciate Summit's vote of confidence in our team, and look forward to the next phase of our growth. We believe our unique selling proposition and customer acquisition strategy is better aligned with the company's goals."
While this deal makes sense, I just received word that Microsoft has agreed to buy Activision Blizzard as the latest news out in the gaming industry.
Microsoft has agreed to sell the company, with a projected profit margin of $7-9 per share. That works out to $5</wm>,500 - $6,500 in monthly profit for an Activision Blizzard gamer like myself, who