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AVG gets expressions of interest - report

2014-11-07 09:19:00| Telecompaper Headlines

(Telecompaper) A number of companies have expressed their interest in security software developer AVG Technologies, the Wall Street Journal reported, citing people familiar with the matter. AVG has been approached mainly by private-equity firms but also by at least one other tech company, the sources said. If a deal comes through, it will likely be within the coming months.

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AVG expands in mobile market with Location Labs takeover

2014-09-03 13:34:00| Telecompaper Headlines

(Telecompaper) AVG Technologies announced a definitive agreement to acquire privately-held Location Labs, a provider of personal mobile security services. Available with all four major mobile operators in the US, Location Labs' integrated platform for mobile operators is a pre-installed service on Android smartphones, with mobile subscription services including family, safety and personal device management. AVG said the takeover will strengthen significantly its mobile business, with its own mobile security software added to Location Labs' subscription services. AVG estimates the deal will take its mobile bookings to USD 60-70 million in 2015 and around USD 100 million in 2016. Following the close of the acquisition, expected in Q4, Location Labs CEO Tasso Roumeliotis will continue to lead the Location Labs business. Under the terms of the agreement, AVG will pay USD 140 million initially for the company, plus up to an additional USD 80 million over the next two years based on the achievement of certain performance metrics and milestones. AVG expects the transaction to be neutral to EPS in 2015. The company had obtained USD 300 million in credit facilities to help finance the takeover, and the acquisition will be subject to approval by its shareholders at a meeting scheduled for 14 October. 

Tags: location market mobile labs

 
 

AVG AntiVirus Security 4 - FREE (for Android)

2014-07-11 20:37:01| PC Magazine: New Product Reviews

AVG packs in a lot of useful features to protect your security, improve your privacy, and even keep your Android running smoothly, but flaws, quirks, and a cluttered design hold it back.

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AVG AntiVirus Security 4 - FREE (for Android)

2014-07-11 18:38:07| PC Magazine: New Product Reviews

AVG packs in a lot of useful features to protect your security, improve your privacy, and even keep your Android running smoothly, but flaws, quirks, and a cluttered design hold it back.

Tags: for free security avg

 

Vulnerability in AVG security toolbar puts IE users at risk

2014-07-08 17:48:39| InfoWorld: Top News

Implementation issues with AVG Secure Search, a browser toolbar from antivirus vendor AVG Technologies that's supposed to protect users from malicious websites, could have allowed remote attackers to execute malicious code on computers. The toolbar, also known as AVG SafeGuard, supports Google Chrome, Internet Explorer and Mozilla Firefox running on Windows XP and later, and is often bundled as an optional installation with popular free software programs.

Tags: users security risk puts

 

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