Czech security software company headquartered in Brno, that was founded in 1991 by Jan Gritzbach and Tomáš Hofer and has been a wholly owned subsidiary of Avast since 2016. 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 about avg antivirus wikipedia protection applications. In July 2016, Avast announced that it intends to acquire AVG.
It was owned by Jan Gritzbach. In 2001, Jan Gritzbach decided to sell Grisoft to Benson Oak Capital Acquisitions. Wilmington, Delaware was used for the transaction. In 2002 the company was renamed to GRISOFT, s.
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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. This change was made to increase the effectiveness of their marketing activities. In January 2009, AVG announced their plans to acquire Sana Security were finalized. On 28 January 2011, a dangerous rogue appeared. The interface and graphics resemble the previous version of the software and uses sophisticated social engineering to deceive users and infect their systems. The malware also contains the Internet Explorer emergency mode.
In 2011 the group was restructured again. On 7 February 2012 AVG Technologies, N. 8 March 2013 JR Smith, CEO, tendered his resignation from AVG after eight years as CEO and leading the company to a successful IPO on the NYSE and delivering eight quarters of successive high-growth. On 30 July 2013, AVG Technologies announced Gary Kovacs as the company’s new CEO.