Tag Archives: AVG 2017

AVG

Avast Software B.V. completes squeeze-out process of minority shareholders of AVG Technologies B.V.

March 16, 2017 007admin Leave a comment

Prague, Czech Republic / Amsterdam, The Netherlands, March 16, 2017 – Today, Avast Software B.V. (“Avast“) enforced the judgement of the Enterprise Chamber of the Court of Appeal of Amsterdam, the Netherlands (the “Enterprise Court“) of 14 February 2017.

As announced on February 15, 2017, The Enterprise Court ordered all minority shareholders of AVG Technologies B.V. (“AVG“) to transfer their shares to Avast in exchange for a payment of EUR 22.84 per share in cash, increased by statutory interest to be calculated over the period from October 31, 2016 until the date of transfer of the shares.

Up until March 15, 2017, shareholders of AVG could voluntarily adhere to the judgment of the Enterprise Court by transferring their shares in AVG to Avast. On March 16, 2017, Avast enforced the judgement of the Enterprise Court by transferring the aggregate squeeze-out price of the remaining outstanding shares in AVG to the Consignment Fund of the Ministry of Finance of the Netherlands (the “Consignment Fund“).

As a result of the consignment, all remaining outstanding shares of AVG that were not yet held by Avast were transferred to Avast by operation of law as per 16 March 2017. The former holders of these shares should reach out to the Consignment Fund for payment of the squeeze-out price, which amounts to EUR 23.01 per share in AVG including statutory interest as per 16 March 2017.

Requests for payment of the squeeze-out price and questions with regard to claiming the squeeze-out price should be directed to the Consignment Fund. The contact details of the Consignment Fund are included below.

Ministry of Finance
Attn. The Consignment Fund
PO Box 20201
2500 EE THE HAGUE
THE NETHERLANDS
E-mail: [email protected]

About Avast
Avast (www.avast.com), the global leader in digital security products for businesses and consumers, protects over 400 million people online. Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company’s threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, OPSWAT, ICSA Labs, West Coast Labs and others. Avast is backed by leading global private equity firms CVC Capital Partners and Summit Partners.

Media Contact:
Zoe Kine, Avast PR Director
E-mail: [email protected]
www.avast.com

AVG

AVG and Avast merge together with shareholder payments

February 15, 2017 007admin Leave a comment

Court orders squeeze-out of minority shareholders of AVG Technologies B.V. a subsidiary of Avast Software B.V.

Prague, Czech Republic / Amsterdam, The Netherlands, February 15, 2017 – Avast Software B.V. (“Avast“) announces that yesterday the Enterprise Chamber of the Court of Appeal in Amsterdam, the Netherlands (the “Enterprise Court“) entered its judgment in the statutory squeeze-out proceedings initiated by Avast against the minority shareholders of AVG Technologies B.V. (“AVG“).

The Enterprise Court found that EUR 22.84 (being the offer price of USD 25.00 converted into EUR against the exchange rate of October 31, 2016) is the fair squeeze-out price per share in AVG and ordered all minority shareholders of AVG to transfer their shares to Avast in exchange for a payment of EUR 22.84 per share in cash, increased by statutory interest to be calculated over the period from October 31, 2016 until the date of transfer of the shares.

Up until March 15, 2017, shareholders of AVG may voluntarily adhere to the judgment of the Enterprise Court by transferring their shares in AVG to Avast. Shareholders should contact their bank, broker or other financial intermediary to obtain information on how to transfer their shares in AVG to Avast.

On or shortly after March 16, 2017, Avast will enforce the judgment of the Enterprise Court against the remaining shareholders of AVG and pay the aggregate squeeze-out price for the remaining shares in AVG into the consignment fund of the Dutch Ministry of Finance. As of that date, all shares in AVG that have not been transferred to Avast voluntarily will be transferred to Avast by operation of law, and the former holders of these shares will then be entitled to receive payment of the squeeze-out price for each share held as of March 16, 2017 from the consignment fund of the Dutch Ministry of Finance only.

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About Avast

Avast Software (www.avast.com), the global leader in digital security products for businesses and consumers, protects over 400 million people online. Avast offers products under the Avast and AVG brands that protect people from threats on the internet and the evolving IoT threat landscape. The company’s threat detection network is among the most advanced in the world, using machine learning and artificial intelligence technologies to detect and stop threats in real time. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, OPSWAT, ICSA Labs, West Coast Labs and others. Avast is backed by leading global private equity firms CVC Capital Partners and Summit Partners.

Forward-Looking Statements

This press release contains forward-looking information that involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of the U.S. federal securities laws, and involve a number of risks and uncertainties. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “are confident that,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “would” or the negative of these terms or other comparable terms. There are a number of important factors that could cause actual events to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include risks and uncertainties related to, among other things: general economic conditions and conditions affecting the industries in which Avast and AVG operate and the squeeze-out proceedings initiated by Avast against the minority shareholders of AVG. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in AVG’s filings with the U.S. Securities and Exchange Commission, including AVG’s Annual Report on Form 20-F for the year ended December 31, 2015. These forward-looking statements speak only as of the date of this release and neither Avast nor AVG assumes any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise, except as required by law.

Contacts

Avast Software
Marina Ziegler
PR & Communications Director
+49-(0)89-3815331-17
[email protected]

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AVG

AVG Launches Powerful New Security and Tune-up Products for 2017

January 10, 2017 007admin Leave a comment

Avast & AVG Technologies combine together to power the latest in flagship security and tune-up products to tackle ransomware, hackers and data thieves, while keeping PCs fast and clean.

Prague, Czech Republic, January 10, 2017 – Avast Software, the leader in digital security products for consumers and businesses, today announced the release of the 2017 editions of AVG’s flagship products, AVG AntiVirus FREE, AVG Internet Security and AVG TuneUp. Released less than 120 days after Avast’s acquisition of AVG, these new products combine the best of both Avast’s and AVG’s technology to deliver unrivalled, family-friendly, security protection together with performance enhancements for customers’ PCs, and a clean, simple look and feel.

People using the AVG AntiVirus FREE and AVG Internet Security products will now gain real-time protection against ‘zero-second’ malware thanks to CyberCapture, the company’s proprietary, cloud-based smart file scanner. The latest versions protect users from viruses and malware including ransomware, prevent hacking, secure web and email activities, and ensure that private data stays private. The new user interface makes it very easy to install, navigate and manage all from one place.

A free performance scan using AVG TuneUp has been integrated into the security products to help customers reduce data clutter and keep their PC running smoothly. The full AVG TuneUp product is enhanced with a completely new Software Updater tool which automatically checks and installs the latest updates for the most popular and critical PC applications to eliminate vulnerabilities, fix bugs and add new features.

AVG AntiVirus FREE: the rapid increase in the quantity and impact of cyber threats today means protecting every PC is more important than ever before, and free users now benefit from:
- Computer Protection: real-time protection that updates people’s security automatically and keeps their computers free of viruses, spyware, ransomware, rootkits, Trojans, and other nasty malware. Using advanced artificial intelligence and real-time analysis, it stops even the newest threats from reaching users.
- Web & Email Protection: blocks unsafe links, downloads, and email attachments.
- Pushed Priority Updates: ensures immediate protection and was previously only available in the paid edition.
- New Passive Mode: allows people to personalize their security by allowing them to run two protection products together on their PC.
- New Online Shield: scans for dangerous websites, links and downloads to keep users safe while they visit their favorite websites.

AVG Internet Security: for ironclad protection, users can upgrade to AVG Internet Security which additionally stops hackers, protects private data and secures payments.
- Hacker Protection: Prevents cybercriminals from accessing users’ private files, photos, and passwords.
- Private Data Protection: Allows users to encrypt and hide their most private photos and files, or permanently shred unwanted material.
- Payment Protection: Ideal for browsing, shopping, or bank protection. It blocks spam and scams, and helps people avoid fake copycat websites to prevent them from accidentally giving passwords or credit card numbers to the bad guy. Uses Avast Secure DNS to protect online payments made, includes Anti-Spam feature.
- New Secure DNS feature: verifies a website’s IP address using secure DNS servers to ensure the user is not being redirected to fake websites when shopping or banking online, therefore protecting people against fraud, scams and phishing attacks.

AVG TuneUp: users can enjoy a range of new and improved features:
- Automatic Software Updater: AVG TuneUp builds on its core strengths of clearing out unnecessary files and improving PC performance using patented technologies to update most used applications, like Skype, Adobe reader, Flash and Chrome, automatically and silently in the background. AVG customers can choose to rely on the automatic updates, or perform manual checks as desired.
- Sleep Mode: AVG TuneUp’s patented enhanced Sleep Mode technology improves speed by putting unused applications to ‘sleep’ and only running the necessary ones. This reduces battery and network drain to a minimum so PCs perform like they are just out of the box.

Vince Steckler, Chief Executive Officer at Avast, said, “The combination of AVG and Avast threat detection and analysis capabilities gives us unparalleled insight into cybercrime trends. We tracked, for example, that ransomware alone increased by over 105% between 2015 and 2016 and, based on our data, predict that this is only going to soar. Consumer awareness of security exploits is also at its height given the many ransomware and hacking incidents reported last year. In an age where we are all connecting more of the time, security is becoming a conscious decision and we encourage people to pick the products that are right for their particular needs.”

Download AVG AntiVirus Free, AVG Internet Security and AVG TuneUp at www.avg.com.

About Avast

Avast Software (www.avast.com), the global leader in digital security products for consumers and businesses, protects over 400 million people online. Avast offers products under the Avast and AVG brands, that protect people from threats on the internet with one of the most advanced threat detection networks in the world. Avast digital security products for Mobile, PC or Mac are top-ranked and certified by VB100, AV-Comparatives, AV-Test, OPSWAT, ICSA Labs, West Coast Labs and others. Avast is backed by leading global private equity firms CVC Capital Partners and Summit Partners.

AVG

Beta Test the New AVG 2017!

December 29, 2016 007admin Leave a comment

There are very few opportunities in life where you have the opportunity to be among the first to try something, but with AVG 2017 we are giving you that opportunity.

When I read news stories and see a new car concept is being tested or a movie idea tested on an audience I want to put myself in the group that excitedly goes where few have been before. Taking the opportunity to be part of the early adopter group that tests and helps shape a product or service for the masses.

If being first excites you then look no further and download the beta version of AVG’s 2017 product. Experience the new look user interface and the new features that are the result of the two large security companies combining their technology to bring you and exciting new product to keep you secure online.

There are many new features to test. Go now and download the new version, step where no one has stepped before and run the very latest AVG 2017 product. I’ll give you a hint on what’s new and where to start checking, real-time updates, CyberCapture and passive mode are to name but a few of the new features that need to be explored.

We have one ask of you though, share the experience with us and let us know what you think through our beta test forum, so we can make sure when we are ready to release it delivers the best experience.

007 Software