![]() ![]() In addition to the overall user base total, the company estimates 160 million users are on mobile devices, with estimated annual revenue in 2016 of more than $700 million. The newer, larger Avast will be the largest antivirus company by market share, at 22.6 percent, according to a January 2015 report by Opswat. The day we made the acquisition announcement, my own daughter in Australia messaged me and said, “I just saw the news, but I thought that Avast was the company name, and AVG was the product.” My own daughter!” - Vince Steckler, Avast CEO The vast amounts of data that the larger Avast user base will contribute is expected to help the company stay ahead of market trends. The “bring your own device” trend includes home laptops, Sanabria says, which means that traditional consumer antivirus is bearing an increasingly large load of enterprise security. While Avast and AVG are primarily known for their consumer products, the security business is finding more and more people using their personal laptops for work purposes. “That alone gives you some pretty powerful insight into the market and what’s on people’s systems.” ![]() “Free antivirus or not, 400 million is still a significant number,” Sanabria says. The deal, announced in July, comes at a time when many smaller and far younger Internet security firms find themselves up for grabs, while Avast and AVG are older than many people using the Internet.Īdrian Sanabria, a security industry analyst at 451 Research, says Avast’s newly expanded user base gives it insight at a level few consumer-based security companies achieve. That’s the hope, at least, of Vince Steckler, CEO of Avast Software, which sponsors this site. The Internet could be getting a lot safer for more than 400 million people, thanks to the close of Avast’s $1.3 billion deal on Friday to purchase its largest free antivirus competitor, AVG. ![]()
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