Grisoft
 |
|
| Subsidiary | |
| Industry | Computer software |
| Fate | Acquired by Avast Software |
| Founded | 1991 |
| Founder |
|
| Headquarters | Amsterdam, Netherlands |
|
Area served
|
Worldwide |
| Products | Security software |
| Revenue | US$428 million (2015) |
| US$47 million (2015) | |
|
Number of employees
|
1,486 (2016) |
| Parent | Avast Software |
| Website | www |
AVG Technologies is a security software company headquartered in Amsterdam, Netherlands, that was founded in 1991 by Jan Gritzbach and Tomáš Hofer. Since 2016 the company has been a subsidiary of Avast Software. The company developed antivirus software and internet security services such as AVG AntiVirus and has corporate offices in Europe, Israel, Brazil, Canada and the United States.
As of 2 February 2015, over 200 million active users used AVG's software products and services, which include internet security, performance optimization and personal privacy and identity protection applications. In July 2016, Avast Software announced that it intends to acquire AVG. The acquisition was completed on September 30, 2016 and Avast and AVG operate as a single company since October 3, 2016, retaining the two separate brands.
Company was founded in Brno, Czech Republic by Jan Gritzbach and Tomáš Hofer in 1991 as GRISOFT /C/ SOFTWARE, spol. s r. o.. It was owned by Jan Gritzbach.
In 2001, Jan Gritzbach decided to sell Grisoft to Benson Oak Capital Acquisitions. Holding company Grisoft, Inc. based in Wilmington, Delaware was used for the transaction. In 2002 the company was renamed to GRISOFT, s.r.o.. Three years later, Benson Oak sold a 65% share in the company to Intel Capital and Enterprise Investors for US$52 million. Holding company was Grisoft Holdings B.V. based in Amsterdam, Netherlands, later Grisoft International B.V., that gradually became the main company.
On 19 April 2006, Grisoft acquired the German company ewido Networks, an anti-spyware software manufacturer, and incorporated ewido's features into new versions of AVG software. On 6 November 2006, Microsoft announced that AVG Security products would be available directly from the Windows Security Center in Windows Vista. Since 7 June 2006, the AVG software has also been used as an optional component of GFI MailSecurity, produced by GFI Software. On 5 December 2007, Grisoft announced the acquisition of Exploit Prevention Labs, developer of the LinkScanner safe surfing technology.
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Wikipedia