In July 2016, Avast acquired competitor AVG Technologies for $1.3 billion. It had been a private company since 2010 and had its IPO in May 2018. Īvast was founded by Pavel Baudiš and Eduard Kučera in 1988 as a cooperative. In August 2021, Avast's board of directors agreed to an offer of US$8 billion. In July 2021, NortonLifeLock, an American cybersecurity company, announced that it is in talks to merge with Avast Software. ![]() The company has approximately 1,700 employees across its 25 offices worldwide. Avast has more than 435 million monthly active users and the second largest market share among anti-malware application vendors worldwide as of April 2020. ![]() is a Czech multinational cybersecurity software company headquartered in Prague, Czech Republic that researches and develops computer security software, machine learning and artificial intelligence. ![]() Avast founders Eduard Kučera (left) and Pavel Baudiš (right) in 2016 with their spouses, who run the non-profit Avast Foundation for community developmentĪvast Software s.r.o.
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