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Avast (record Label)
Avast Software s.r.o. is a Czech Multinational corporation, multinational Computer security, cybersecurity software company headquartered in Prague, Czech Republic, that Research and development, 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 Antivirus software, anti-malware application vendors worldwide as of April 2020. The company has approximately 1,700 employees across its 25 offices worldwide. In July 2021, Gen Digital, NortonLifeLock, an American cybersecurity company, announced that it was in talks to Mergers and acquisitions, merge with Avast Software. In August 2021, Avast's board of directors agreed to an offer of US$8 billion. Avast was founded by Pavel Baudiš and Eduard Kučera in 1988 as a cooperative. It had been a Private limited company, private company since 2010 and had its Initial public offering, IPO in May 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |