Company type | Subsidiary |
---|---|
Founded | 1991 |
Founder | Tomáš Hofer and Jan Gritzbach |
Fate | Merged into Avast, brand still used |
Headquarters | Brno, Czech Republic |
Area served | Worldwide |
Products | Software |
Parent | Avast |
Website | www |
AVG Technologies B.V.[1] is a brand of cybersecurity, privacy, performance and utility software applications for desktop computers and mobile devices developed by Avast, a part of Gen Digital. AVG was a cybersecurity software company founded in 1991 and it merged into Avast following an acquisition in 2017. It typically offers freeware, earning revenues from advertisers and from users that upgrade to paid versions for access to more features.
AVG was founded in 1990 in Czechoslovakia. In the early 2000s, AVG expanded internationally and used money from venture capital investments to fund a series of acquisitions. AVG went public on the New York Stock Exchange in February 2012. Avast acquired AVG for $1.3 billion in July 2016.