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Avast Software s.r.o. is a Czech multinational cybersecurity software company headquartered in Prague, Czech Republic that researches and develops computer security software, machine learning and artificial intelligence. Avast has more than 435 million monthly active users and the second largest market share among anti-malware application vendors worldwide as of April 2020. The company has approximately 1,700 employees across its 25 offices worldwide.
Avast was founded by Pavel Baudiš and Eduard Kučera in 1988 as a cooperative. It had been a private company since 2010 and had its IPO in May 2018. In July 2016, Avast acquired competitor AVG Technologies for $1.3 billion. At the time, AVG was the third-ranked antivirus product. It is dual-listed on the Prague Stock Exchange and on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Avast’s innovative security approach comes from some of the most talented and experienced security engineers on the planet. Headquartered in Prague – a center of excellence for engineering and computer science –we attract the best and the brightest with over 50% of our employees in R&D. Our scientists, engineers, and mathematicians are from some of the most highly respected institutions, including Stanford, MIT, Oxford, and NASA. Our growth is fueled by our passionate culture of wanting to win and “beat the bad guys.”