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May 23, 2015 3:23 AM ET

Software

Company Overview of AVAST Software s.r.o.

Company Overview

AVAST Software s.r.o. provides security software for personal computers, smartphones, and tablets for businesses and home users worldwide. Its solutions for home desktop include avast! Premier, a PC security solution; avast! Internet Security that secures financial transactions and blocks hackers; avast! Pro Antivirus, a virus and anti-Spyware protection; avast! Free Antivirus that protects malware attacks in Android phones and/or tablets; Antivirus comparison solution; avast! SecureLine VPN for online privacy; avast! GrimeFighter, a PC optimization and clean-up utility; avast! EasyPass that creates and manages passwords; and avast! BackUp, an online storage solution. Its solutions for home ...

Trianon Office Building

Budejovicka 1518/13a

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: 56
Co-Founder and Director
Age: 61
Co-Founder and Director
Age: 54
Chief Financial Officer
Age: 48
Chief Operations Officer and Director
Age: 37
Compensation as of Fiscal Year 2014.

AVAST Software s.r.o. Key Developments

Avast Software Announces Earnings Results for the Year 2014

Avast Software announced earnings results for the year 2014. For the year, the company raised revenues by a half to $217 million in 2014, and its EBITDA profit exceeded $154 million.

Summit Reportedly Plans To Sell Stake In Avast

Summit Partners is planning to sell its stake in Avast Software B.V. to CVC Capital Partners Limited, according to people familiar with the matter said. The transaction is reported to be valued around $1,000 million including debt of Avast.

Avast Software Reports Earnings Results for the Full Year 2012

Avast Software reported earnings results for the full year 2012. The company announced that it will use the whole CZK 1.08 billion net profit for 2012 for dividends to be distributed mainly between its founders and majority owners Eduard Kucera and Pavel Baudis, and a quarter will go to fund Summit Partners. Avast raised net profit by a fifth last year and its sales increased by a third to CZK 2.08 billion. Avast sales come mainly from abroad, in particular from the USA, France, Brazil and Russia. A fifth of revenues are the share from advertising cooperation with Google.

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