Category Archives: Mergers & Acquisitions

AVAST takes $113 Million in capital

In what seems to be something of a trend for big investments or buyouts of AV companies, AVAST, the Czech based makers of the popular free AVAST Anti-virus, have sold a minority stake in their company to investment firm “Summit Partners”.

http://www.itnews.com.au/News/229866,avast-takes-113m-equity-injection.aspx

AVAST (formerly ALWIL software) has long been in the ‘free’ anti-virus game, as one of the pioneers of that model, and clearly it seems to be working for them. It should be interesting to see what they do with the cash and how their product line develops over the next few years as they compete with their big neighbour AVG, also Czech based and big in the free AV game.

Andrew Lee
AVIEN CEO / CTO K7 Computing

Also blogging at http://blog.k7computing.com

Breaking news: Intel Buys McAfee

Intel announced today that it has bought out McAfee, http://mcafee.com/us/about/intel_mcafee.html

It’s definitely a time of consolidation in the industry, and this is an interesting move on the part of a player that hasn’t so far gotten it’s feet wet in the software security arena (although Intel Capital has invested in other AV companies such as AVG).

What this means for consumers could be interesting, as the AV could be much more closely tied to the processor architecture.
Anyway, congratulations to all my friends at McAfee, next time we meet, the drinks are on you.

Andrew Lee CISSP
AVIEN CEO / CTO K7 Computing

Update 20/08/2010: Of course, I neglected to mention that Intel did of course have an AV product called LANDesk some years ago, that was bought by Symantec, so Intel isn’t totally new to this game.