Actually I think that the Avast IPO at 4 billion USD may be undervalued. Considering Symantec and Trend Micro (although these having a much, much greater Enterprise footprint) are valued at a great many multiples of 4 billion. Consider the current footprint of Avast in the Home Security Space: https://www.statista.com/statistics...eld-by-antivirus-vendors-for-windows-systems/ and that they will use the proceeds from the IPO to increase (start) an Enterprise Division, it should be apparent that there is incredible room for growth. Finally in 2015 they contemplated an IPO in 2017 for 2 billion USD. The increase to 4 billion is due to the ~40% year over year revenue growth seen in the consumer space alone. The only thing that really surprises me is that they were shortsighted enough to use Rothschild (KMN) instead of Goldman Sachs. We could have gotten them 6 billion just screwing around (no accounting for taste). ps- for those that drive a car, fill up this morning...
Interesting stuff, didn't know they were this big, but it's all about the enterprise, and isn't that already quite crowded? Not sure if the stock is going to be a success.
Cyber security firm Avast plans watershed London tech listing https://uk.reuters.com/article/us-i...s-watershed-london-tech-listing-idUKKBN1HJ0QU
A bit disappointing, the London Stock Exchange is not interesting to me because of the way too high stock prices, they should have chosen the Nasdaq.