Security software maker AVG approached by possible buyers: WSJ

AVG Technologies NV 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.