Anti-virus maker AVG files for $125 million IPO

http://www.reuters.com/article/2012/01/13/us-avg-idUSTRE80C14U20120113

 

One of the worst AVP apps out there for detections,good luck with that IPO.

 

That isn't true anymore.

 

This was on the cards for quite a while now - let's hope something good comes of it. AFAIK Intel Capital already has a holding on AVG so it's not going to just decline anytime soon (detection or otherwise).

 

I agree. AVG is pretty solid. Middle of the pack at worst.

 

I was just going to post the same as Firecat re Intel Capital holding
Woudn't an IPO need Intels' agreement or perhaps Intel wants out.
After all Intel bought McAfee didn't they?
Conflict of interest....

 

AVG is a top product and it is superb in protections especially for their AV part of the suite. The rest is just fine

 

AVG isn't the antivirus it was in the past.
They have improved. They may not be number one in detections but they have had some respectable results.

 

their BB is pretty good also.

 

AFAIK AVG is currently held by 3 firms, one of which is Intel Capital. Such a decision probably would require input of all 3 (and for that matter I think Intel Capital is not the majority shareholder in AVG), and if those firms have agreed then an IPO cannot be denied.

It is possible Intel Capital may sell its share in AVG. I'm not sure why they are still holding on to AVG given they already have McAfee.

 

I think I have found some documents related to this IPO:

http://www.investorscopes.com/AVG-Technologies-NV/F-1/11636509.aspx

Of particular note is this text:

 

Well spotted firecat

Conflict of interest - odd that it took this long