September 30, 2016 6:56 AM ET

Software

Company Overview of AVAST Software s.r.o.

Company Overview

AVAST Software s.r.o. develops security software for homes, businesses, and schools in Czech Republic and internationally. The company provides business security solutions; security and centralized management to schools; and Internet security solutions. It markets and sells its products through resellers. AVAST Software s.r.o. was formerly known as ALWIL Software a.s. and changed its name to AVAST Software s.r.o. in 2010. The company was founded in 1988 and is headquartered in Prague, Czech Republic. It has additional offices in the United States, Germany, China, South Korea, and Taiwan. AVAST Software s.r.o. operates as a subsidiary of Sybil Investments B.V.

Enterprise Office Center

Pikrtova 1737/1A

Prague 4

Prague,  140 00

Czech Republic

Founded in 1988

188 Employees

Phone:

420 2 7400 5777

Fax:

420 2 7400 5888

Key Executives for AVAST Software s.r.o.

Chief Executive Officer and Director
Age: 58
Co-Founder and Director
Age: 63
Co-Founder and Director
Age: 56
Chief Financial Officer
Age: 50
Chief Operations Officer and Director
Age: 39
Compensation as of Fiscal Year 2016.

AVAST Software s.r.o. Key Developments

Avast Software Releases New Cleanup Solution to Remove Unwanted Clutter from PCs

Avast Software announced a fully redesigned version of Avast Cleanup, a powerful tool that expertly cleans and optimizes a user’s PC in minutes. The fresh, easy-to-use software interface makes cleaning a breeze. With a single click, users can scan and easily see what scrap files they may want to remove and free their PC from up to 30GB of junk. Everything from residual files of uninstalled programs to accumulated browser cache or unwanted toolbars. At a time when laptops serve multiple purposes from the company's mobile office, to an impromptu entertainment hub, it is understandable that people want to keep them performing at their best. American PC users often have many Gigabytes of excess data taking up space on their device and potentially slowing it down. When they are not performing at their peak efficiency, computers can be extremely frustrating for users. Avast Cleanup allows customers to maintain their PCs themselves, saving them time and costs. In just moments, Cleanup cleans up residual data and junk files. If done for the first time, Cleanup can dispose of between three and 30GB of data. Avast Cleanup also scans and defragments the registry, and by disabling startup apps, scheduled tasks and background services, speeds up the PC boot time. To improve the system performance, Avast Cleanup shortens the timeout period of unfinished processes. Customers can use real-time monitoring to remove residual files after a program has been uninstalled and can schedule daily, weekly or monthly automatic cleanups to remove junk, disable risky apps and tweak the system, to ensure that their computers are always running at peak efficiency.

Avast Software Unveils Zero-Second Threat Detection in its New, High-Speed Version of its Antivirus Products

Avast Software announced an update to its product that delivers on new technology to fight threats in a lightweight, high-speed solution that utilizes the cloud to identify and analyze threats. The Avast Antivirus Nitro Update will arm users with security software that is smaller in size and designed to improve speed, boot time, download time and system performance, while providing protection from never-ending attacks. Along with the Nitro Update come security and performance enhancements to Avast’s SafeZone browser, which isolates browsing sessions and gives users a much safer and more private browsing experience than a standard browser. Independent research conducted by testing institution AV-Comparatives found that PCs run faster with the Avast Antivirus Nitro Update than with Windows Defender, which is on by default on Windows 10 PCs. In the test, Avast’s impact on the system was two times smaller than that of Windows Defender. Avast Nitro Update takes a part of its background security analysis to the cloud to identify and analyze threats, which in turn frees up the system processing power for each user’s computer. As a result, that freed-up processing power can be used to continue working faster, without interruption online, and with minimal impact to the overall system. The Nitro Update to Avast Antivirus also offers increased threat detection and analysis, through a new technology called CyberCapture. Cyberattacks have become a profitable business for cybercriminals and the security landscape is, therefore, rapidly changing and threats are becoming more sophisticated. Thus, the ability to identify and respond to threats that have never been seen before, in real time, is mission critical for consumer protection. With the new CyberCapture feature, running in the cloud, users benefit from zero-second threat detection from yet-unknown security threats. Rather than relying on the latest definition updates, CyberCapture isolates unknown files in a safe environment and automatically establishes a two-way communication channel with the Avast Threat Labs for immediate analysis, providing a first-response line of defense against new threats.

Avast to Demonstrate Mobile Security App with Qualcomm at Mobile World Congress

Avast Software was selected by Qualcomm Technologies Inc. as the lead mobile security service to integrate Qualcomm® Snapdragon™ Smart Protect, a behavioral analysis-based, anti-malware technology that utilizes technology from the Qualcomm® Zeroth™ Machine Intelligence Platform to detect mobile malware threats to smartphone security and personal privacy in real-time. Traditional security software is limited to scanning and monitoring software behavior at the application layer level. Snapdragon Smart Protect utilizes Qualcomm Technologies’ Zeroth machine learning technology to detect and classify a broader range of mobile malware at the processor level to achieve an even higher level of protection. While consumers will benefit from better protection, OEMs and mobile operators will benefit from reducing the risk of data leakage and malware attacks for their users. Snapdragon Smart Protect is available to handset OEMs now on the Snapdragon 820 processor, and is expected to be supported by additional Snapdragon SoCs later this year. The first commercial devices with Snapdragon Smart Protect are expected in the first half of 2016.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 7, 2016
AVG Technologies N.V.
 

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