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Last $21.54 USD
Change Today +0.12 / 0.56%
Volume 273.1K
AVG On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

avg technologies (AVG) Key Developments

AVG Technologies N.V. Announces Release of AVG Business Managed Workplace Platform

AVG Technologies N.V. announced the immediate availability of the most comprehensive version of AVG Business Managed Workplace, AVG's fully integrated, open ecosystem remote monitoring and management platform. Featuring Secure Sign-On and Backup and Disaster Recovery extensions and including seamless Microsoft365 and VMware integration, AVG Business Managed Workplace makes it easy for partners to deploy and administer remote IT management services to their business customers. Released in key markets worldwide, including Australia, Canada, New Zealand, the Nordics, the United Kingdom, and the United States, and it is also localized for partners in Austria, Germany and Switzerland through AVG's new regional offices. AVG Business Managed Workplace Version 9.1 delivers an enriched social media-style user interface that streamlines workflows to simplify the lives of IT providers, Managed Service Providers and their small-to-medium sized business customers. The integration of remote mobile security through AVG Secure Sign-On and the Backup and Disaster Recovery management capabilities enable new site on-boarding in fifteen minutes or less. Dedicated, global customer service and technical support is available to all partners, with a value-add two-tier premium Network Operations Center support service offering 24x7 response and remediation available for additional support in English speaking markets. Among the key benefits provided to partners by the latest enhancements are: faster, easier navigation and monitoring – enhanced, intuitive new user interface enables fast, simple navigation. The display of important customer systems information at-a-glance, sleek design and optimized workflows deliver an improved user experience allowing partners to not waste any time in training. Simple security deployment for cloud and mobile applications: an intuitive, guided process simplifies deployment and enables actionable information to be delivered directly to the central dashboard for ease of administration. Secure Sign-On: single sign-on, cloud identity, identity management and multi-factor authentication come together in a system that solves the Bring-Your-Own-Device challenge by tackling small business IT concerns around employees using a 'real world' mix of personal and company-issued devices to do business both inside and outside the four walls of the office. Availability with Active Directory and multi-factor authentication makes deployment straightforward and provides extra security measures. Ready available BDR services integration: full BDR integration lets partners build new recurring revenue streams via premium data protection services for customers, including server backup, endpoint backup, data archive, file sharing and disaster recovery to any on-premise, hosted cloud or in-house data centre location. Premium network operations center services: a new two-tier premium NOC services option enables skilled IT resources to be extended to 24x7 response without hiring additional headcount. Richer connectivity experience with industry applications: open ecosystem approach makes it easier than ever to seamlessly manage popular applications such as Microsoft Office 365 and VMware as well as connectivity tools like ScreenConnect, TeamViewer and LogMeIn Pro.

AVG Technologies N.V. Announces Executive Changes

AVG Technologies N.V. announced that in line with its operational, financial and engineering roadmaps, it has made the following organizational changes designed to accelerate its pivot to mobile and to capitalize on the opportunity to become the online security company: Andrew Reid was promoted to Senior Vice President, General Manager of AVG's Central Product Group and is responsible for delivery of product, AVG Zen, to the market. David Ferguson was promoted to Senior Vice President of Revenue and Business Operations to drive cross-business collaboration and to promote an effective alignment between consumer and business product roadmaps. Todd Simpson, the Company's Chief Strategy Officer, will assume leadership of AVG's technical and technology roadmaps with immediate effect. He will lead the group responsible for the overall technology architecture, development and best practices at the Company. The innovation activities will be driven out of the Netherlands by the Chief Technology Officer of Innovation Shaul Levi. After over five years at AVG as the Company's Chief Technology Officer, Yuval Ben-Itzhak is leaving the Company, effective May 8, 2015, to pursue a start-up opportunity.

AVG Technologies Seeks Acquisitions

AVG Technologies N.V. (NYSE:AVG) is seeking acquisitions. John Little, Chief Finance Officer of AVG, said "Acquisitions remains the first and best use of the cash that we have right now."

AVG Technologies N.V. Announces Availability of VMware® ESXi Service Module for the Avg Business Managed Workplace Remote Monitoring and Management Platform

AVG Technologies N.V. announced the immediate availability of its VMware® ESXi service module for the AVG Business Managed Workplace remote monitoring and management (RMM) platform. The new service module is an easy and cost-effective way for partners to extend their ability to manage customers' virtual networks remotely via the AVG Business Managed Workplace multi-service management console. Integrating the VMware ESXi service module into AVG Business Managed Workplace gives AVG partners the capability to perform additional, valuable services for their customers, including: real-time health checks - at-a-glance views of the health status of host hardware components as well as failure notifications help to greatly simplify monitoring of VMWare environments. Early alerting - automatic notification when VMware snapshots exceed pre-set thresholds allows service providers to take pre-emptive action on issues long before the end customer is aware of them. Storage status reports - ready access to the past 7 days' data store space in granular detail makes it easier to troubleshoot storage issues of what is consuming excessive space on the data store. Routine management functions - such as support for a series of standard activities including remote power on, off, pause of virtual machines; create and manage snapshots; remote access to the host console; as well as the automatic discovery of any existing VMware host and guest devices and flagging them as opportunities to manage more devices in the end customer environment.

AVG Technologies N.V. Launches Secure Sign-On for Service Providers and Small Businesses

AVG Technologies N.V. announced the immediate availability of AVG Business Secure Sign-On (SSO). Underpinned by technology from identity management leader, Centrify, AVG Business SSO works to provide AVG partners and business owners with a simple way to control company data on employees' mobile devices and cloud applications. Key features of AVG Business SSO are: onCentralized control of cloud and mobile apps/data for one-click authentication of end-user mobile devices – single secure sign-on with multi-factor authentication (MFA) for ononany device unifies identity and mobile device management to give simplified control of mobile data; onAffordable identity policy, verification and mobile device management service - including via Active Directory. onEfficient password management - eliminates risk from easy-to-remember, reused and/or improperly managed passwords, improves end user productivity by eliminating the need to remember multiple passwords and reduces volume of helpdesk calls resulting from forgotten passwords; onLarge range of business applications - support for more than 2,500 of the most popular Cloud-based business apps including Office 365, Salesforce, Webex, Facebook, LinkedIn and many more helping IT providers monetize mobile and cloud management services; onIntegration with AVG Business Managed Workplace - provides a single, secure access layer to AVG's entire security and remote monitoring and management (RMM) services portfolio. Secure Sign-On capability is the most significant of several new additions to the AVG Business portfolio being released on March 3, 2015. AVG Business CloudCare features several updates designed to make partners' lives even easier. These include a new customer drop-down box that allows IT providers to adjust the settings of one or all their customers with a single click, a central, holistic view of sales alerts, support for HTML-5, and simpler access to customized reporting.

 

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AVG

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Valuation AVG Industry Range
Price/Earnings 21.0x
Price/Sales 3.0x
Price/Book 29.9x
Price/Cash Flow 20.4x
TEV/Sales 1.9x
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