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Key people at Avast.
Avast is a cybersecurity software company based in Prague, Czech Republic, that develops antivirus programs, internet security services, and privacy tools for individual consumers, small businesses, and enterprise clients. Operating primarily on a freemium business model, the organization previously completed an initial public offering on the London Stock Exchange and scaled its digital protection solutions to serve over 435 million active users globally. In September 2022, the company completed a major merger with NortonLifeLock in a transaction valued at approximately $8.1 billion, subsequently becoming part of the newly formed parent company Gen Digital. The firm's broader product portfolio includes optimization solutions like CCleaner, though it recently faced regulatory scrutiny resulting in a $16.5 million FTC settlement regarding its former data-broker subsidiary Jumpshot. Avast was originally founded in 1988 by Pavel Baudiš and Eduard Kučera.
Key people at Avast.
Avast is a cybersecurity company that develops antivirus and privacy software, including Avast Antivirus, SecureLine VPN, Secure Browser, and extensions like Online Security and Passwords, protecting against viruses, ransomware, cyber threats, Wi-Fi vulnerabilities, and more.[2][3][4] It serves hundreds of millions of individual consumers and businesses worldwide across Windows, Mac, Android, and iOS platforms, solving the core problem of online threats by stopping around 1.5 billion attacks monthly with free and premium tools.[1][4][5][6] Founded in 1988 in Prague, Czech Republic, Avast grew to over 1,700-1,800 employees, raised $100M+, reached a $2.8B+ valuation, and was acquired by NortonLifeLock (now GenDigital) in 2022 for $8.1B-$8.6B, marking strong growth momentum before integration.[2][3][4][5]
Avast traces its roots to 1988 in Prague, then Czechoslovakia, when founders Pavel Baudiš and Eduard Kučera, who met at the Research Institute for Mathematical Machines, created their first antivirus after Baudiš removed the Vienna virus from a floppy disk.[1][3][5][6][7] Amid communist restrictions, they formed the Alwil cooperative in 1989—the only allowed business structure—to sell AntiVirus Advanced SeT (AVAST!), initially on floppy disks to government organizations, driven by a desire for freedom to code on their terms.[1] In 1991, they spun off Alwil Software and Alwil Trade to focus solely on antivirus; Ondřej Vlček joined in 1995, co-authoring the Windows 95 version and later becoming CEO.[1][3] Early traction came from consistent independent testing since 1994, acquisitions like AVG in 2016, a 2018 IPO, and the 2022 GenDigital acquisition, evolving from a local cooperative to a global leader.[1][2][4]
Avast rides the explosive growth of cybersecurity amid rising digitization, ransomware, and nation-state threats, timing its 1988 founding perfectly as commercial antivirus emerged post-1987 viruses like Cascade.[6] Market forces like increasing device connectivity, high-profile breaches in the 2010s, and AI-driven attacks favor its scalable, multi-platform solutions, influencing the ecosystem through free tools that democratize protection and business offerings that bolster enterprise resilience.[1][6] As part of GenDigital post-2022 acquisition, it amplifies competition against giants like McAfee, Sophos, and Symantec, pushing industry standards via rigorous testing participation since 2004.[2][4]
Avast's integration into GenDigital positions it for accelerated AI-enhanced defenses against evolving threats like advanced persistent attacks. Trends like zero-trust architectures, quantum-resistant encryption, and privacy regulations will shape its path, potentially expanding into managed detection services. Its influence may grow through ecosystem partnerships, sustaining the freedom-from-threats legacy that began in 1988, as cybersecurity demands intensify globally.[6]
