Avast

Oxylabs Accelerates Industry Leadership by Acquiring US-Based Webshare Software Company

Retrieved on: 
Tuesday, September 20, 2022
Fortune Global 500, Financial Times, Ethics, Fortune, Acquisition, Consultant, Data aggregation, Industry, Big data, CEO, Time, Technology, Solution, Aggregation, Leadership, SAN, Fortune 500, Silicon, GLOBE, Avast, Management, White-throated oxylabes, Baltic states

Under the undisclosed details of the deal, Oxylabs will support the further development of Webshare by sharing extensive industry knowledge and business expertise.

Key Points: 
  • Under the undisclosed details of the deal, Oxylabs will support the further development of Webshare by sharing extensive industry knowledge and business expertise.
  • Based in San Francisco Bay Area, US, Webshare Software was established in 2019 by Utku Zihnioglu, a successful serial entrepreneur whose previous cybersecurity company, Remotium, was eventually acquired by Avast.
  • Achieving rapid industry recognition is an impressive accomplishment made possible only by the immensely talented people of Webshare.
  • Under the agreement, Webshare Software will continue to operate as an independent entity, receiving extensive support from Oxylabs to foster further market influence for the former company.

Linux Foundation Announces an Intent to Form the OpenWallet Foundation

Retrieved on: 
Tuesday, September 13, 2022
Momentum, Human, Policy, CIO, Identity, Privacy, JCB Co., Ltd., Compliance, Industry, Trust service provider, Government, OIX, Certification, Technology, SW, Open Identity Exchange, Daon, Digital identity, Okta, DigiLocker, GMT, Linux, Entrepreneurship, AG, Fast Universal Digital Computer M-2, Public sector, Organization, Supervisory board, US-China Strategic Engagement, Linux Foundation, Accenture, Trust, PyTorch, Product management, Intention, Senior, Architecture, Node.js, Internet, CTO, ONAP, OWF, Health, Digital, OpenID, Ping Identity, Parliamentary Information Technology Committee, Solution, IDS, CISO, Parity, NortonLifeLock, Text over IP, IST, Cryptocurrency, Medicine, Avast, Metaverse, Hyperledger, Transmutation

DUBLIN, Sept. 13, 2022 /PRNewswire/ -- The Linux Foundation, a global nonprofit organization enabling innovation through open source, today announced the intention to form the OpenWallet Foundation (OWF), a new collaborative effort to develop open source software to support interoperability for a wide range of wallet use cases. The initiative already benefits from strong support including leading companies across technology, public sector, and industry vertical segments, and standardization organizations.

Key Points: 
  • I couldn't be happier with the support this initiative has received already and the home it found at the Linux Foundation."
  • Linux Foundation Executive Director Jim Zemllin said, "We are convinced that digital wallets will play a critical role for digital societies.
  • Okta is excited about the efforts of the OpenWallet Foundation and the Linux Foundation to provide standards-based, open wallet technology for developers and organizations around the world."
  • Linux Foundation projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, ONAP, Hyperledger, RISC-V, PyTorch, and more.

NortonLifeLock Completes Merger with Avast

Retrieved on: 
Monday, September 12, 2022
Safety, Risk, Cyber Safety Review Board, Mergers and acquisitions, Machine learning, Policy, London Stock Exchange, Sale, Internet, Securities Act of 1933, Privacy, Acquisition, Compliance, Growth, Industry, GBP, Combination company, Forward-looking statement, Person, SE, Public expenditure, Government, Environment, File, Intelligence, White, London, BST, CEO, Combined, Mac, Trustee, Documentation, NASDAQ, SEC, NLOK, J. P. Morgan, Freedom, UBS, Security (finance), Online gambling, NortonLifeLock, Avast

On a provisional basis, shareholders holding 36.505% of the Avast shares elected the Majority Stock Option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.495% due to receive the Majority Cash Option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share.

Key Points: 
  • On a provisional basis, shareholders holding 36.505% of the Avast shares elected the Majority Stock Option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.495% due to receive the Majority Cash Option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share.
  • Avast offers products under the Avast and AVGbrands that help protect people from threats on the internet and the evolving IoTthreat landscape.
  • The Merger will be made solely by means of the scheme document published by Avast, or (if applicable) pursuant to an offer document to be published by NortonLifeLock, which (as applicable) would contain the full terms and conditions of the Merger.
  • If NortonLifeLock ultimately seeks to implement the Merger by way of a takeover offer, that offer will be made in compliance with applicable US laws and regulations.

NortonLifeLock Completes Merger with Avast

Retrieved on: 
Monday, September 12, 2022
Safety, Risk, Cyber Safety Review Board, Mergers and acquisitions, Machine learning, Policy, London Stock Exchange, Sale, Internet, Securities Act of 1933, Privacy, Acquisition, Compliance, Growth, Industry, GBP, Combination company, Forward-looking statement, Person, SE, Public expenditure, Government, Environment, File, Intelligence, White, London, BST, CEO, Combined, Mac, Trustee, Documentation, NASDAQ, SEC, NLOK, J. P. Morgan, Freedom, UBS, Security (finance), Online gambling, NortonLifeLock, Avast

On a provisional basis, shareholders holding 36.505% of the Avast shares elected the Majority Stock Option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.495% due to receive the Majority Cash Option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share.

Key Points: 
  • On a provisional basis, shareholders holding 36.505% of the Avast shares elected the Majority Stock Option comprising 0.1937 new NortonLifeLock shares and $2.37 in cash per Avast share, with the remaining 63.495% due to receive the Majority Cash Option comprising 0.0302 new NortonLifeLock shares and $7.61 in cash per Avast share.
  • Avast offers products under the Avast and AVGbrands that help protect people from threats on the internet and the evolving IoTthreat landscape.
  • The Merger will be made solely by means of the scheme document published by Avast, or (if applicable) pursuant to an offer document to be published by NortonLifeLock, which (as applicable) would contain the full terms and conditions of the Merger.
  • If NortonLifeLock ultimately seeks to implement the Merger by way of a takeover offer, that offer will be made in compliance with applicable US laws and regulations.

Avast Partners with Intimacy Expert Shan Boodram on Ways to Safely Store and Share Intimate Photos and Content as a Third of Americans Admitted to Sharing Nudes

Retrieved on: 
Thursday, September 8, 2022
Desire, Android, Machine learning, Mac, Friends, Sex, Safety, Trust, Technology, Research, CTIA (organization), SE, SMS, Awareness, AV-Comparatives, Lover, MMS, The New York Times, Privacy, Ownership, Man, Heart, Consumer privacy, Mark (given name), Netflix, IOT, Games of Desire, CTIA, Intelligence, Blog, Education, Multimedia, AVG, TIME, IOS, FTSE, History, Avast Secure Browser, Internet, Sexology, Association, Peafowl, Risk, Psychology, Woman, Security, PIN, LSE, OnePoll, Online shopping, Mobile phone, Nightclub, Avast, Forbes, Quibi

EMERYVILLE, Calif., Sept. 8, 2022 /PRNewswire/ -- Avast (LSE: AVST), a global leader in digital security and privacy, has partnered with certified sexologist, psychologist, and intimacy expert Shan Boodram to raise awareness around the ways people inadvertently put their privacy at risk by exchanging intimate photos or other personal content online. Through this campaign, Avast will give consenting adults the tools they need to enjoy safe and private connected lives without compromising their safety and privacy online should they choose to store or send nude or intimate photos. Nothing is more personal than our personal photos. Still, recent research shows that despite the potential for photos falling into unintended hands, we are all doing it, as a third of Americans have admitted to sharing nude photos.

Key Points: 
  • Still, recent research shows that despite the potential for photos falling into unintended hands, we are all doing it, as a third of Americans have admitted to sharing nude photos.
  • However, most people don't observe best practices when sending and storing intimate digital content like photos or videos safely.
  • In today's world, we must take ownership and control over our data, especially around the challenge surrounding personal data.
  • Comparably, 78% of women and 82% of men said they keep intimate photos of themselves on their devices.

NortonLifeLock's Acquisition of Avast to Close September 12, 2022

Retrieved on: 
Friday, September 2, 2022
Securities Act of 1933, Documentation, File, NASDAQ, NortonLifeLock, Sale, Risk, Person, CMA, Forward-looking statement, Cyber Safety Review Board, Mergers and acquisitions, Compliance, Failure, Trustee, Safety, NLOK, Security (finance), Avast

TEMPE, Ariz., Sept. 2, 2022 /PRNewswire/ -- NortonLifeLock (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced its merger with Avast plc ("Avast" or the "Company") is now expected to close on September 12, 2022, following the issuance of the CMA's final report clearing the transaction.

Key Points: 
  • NortonLifeLock Inc. (NASDAQ: NLOK) is a global leader in consumer Cyber Safety, protecting and empowering people to live their digital lives safely.
  • We are the consumer's trusted ally in an increasingly complex and connected world.
  • These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts.
  • There are many factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements.

Avast Commits to Identity Industry Standards to Enable Global-Scale Digital Trust

Retrieved on: 
Tuesday, August 30, 2022
COO, Machine learning, FIDO Alliance, Mac, DIF, SE, Trust, Digital Trust Center, Solution, Steering, Mark (given name), Text over IP, Sponsor, IOT, World Wide Web Consortium, Intelligence, Blog, Organization, Multimedia, AVG, FTSE, Privacy, Foundation, Internet, LSE, Cryptocurrency, Online shopping, Avast

LONDON and EMERYVILLE, Calif., Aug. 30, 2022 /PRNewswire/ -- Avast (LSE: AVST), a global leader in digital security and privacy, has joined the Trust Over IP Foundation (ToIP), the Decentralized Identity Foundation (DIF), the World Wide Web Consortium (W3C), and the FIDO Alliance. These community-driven open standards organizations are developing the foundations for decentralized digital trust infrastructure. Avast will be a key contributor to these standards initiatives and also act as a Steering member of ToIP and DIF. Avast representatives currently hold leadership positions in several ToIP, DIF, and W3C working groups developing cryptographic libraries, decentralized identifiers, secure protocols, and governance frameworks for digital trust ecosystems.

Key Points: 

Antivirus Software Global Market Report 2022: Cloud-Based Antivirus a Key Trend Gaining Traction and Presenting Valuable Growth Opportunities

Retrieved on: 
Wednesday, August 24, 2022
Cloud, Android, COVID-19, Computer, IOS, Tablet, Technology, Government, Qihoo 360, Personal computer, Solution, Virus, Linux, Panda Security, Avira, Air India, Organization, NortonLifeLock, Privacy, MAC, CAGR, Microsoft Windows, Hacking, Acquisition, AVG Technologies, Growth, Risk management, Avast

The global antivirus software market is expected to grow from $3.92 billion in 2021 to $4.06 billion in 2022 at a compound annual growth rate (CAGR) of 3.6%.

Key Points: 
  • The global antivirus software market is expected to grow from $3.92 billion in 2021 to $4.06 billion in 2022 at a compound annual growth rate (CAGR) of 3.6%.
  • The antivirus software market consists of sales of antivirus software by entities (organizations, sole traders, and partnerships) that are used to protect computers from viruses by scanning, detecting, and removing them.
  • The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years.
  • Cloud-based antivirus is a trend gaining popularity in the antivirus software market.

Avast Ransomware Shield Offers New Layer of Protection For Businesses In Light of Evolving Threats

Retrieved on: 
Wednesday, August 24, 2022
Machine learning, VP, MacOS, Solution, Shield, Mark (given name), Policy, Intelligence, Organization, Multimedia, Small business, Privacy, FTSE, Microsoft Windows, Super Mario, LSE, Online shopping, Avast, Premium

PRAGUE, Aug. 24, 2022 /PRNewswire/ -- Avast (LSE:AVST), a global leader in digital security and privacy, today launches a new Ransomware Shield for businesses, offering organizations an extra layer of protection against ransomware attacks. This will ensure businesses can secure their most important files and crucially, customer data, with proactive protection which prevents unauthorized access. The new feature is available now, included, as part of the Avast Essential, Premium, and Ultimate Business Security packages for businesses for both Windows and MacOS.

Key Points: 
  • Avast's Ransomware Shield offers an additional layer of protection, ensuring organizations have uninterrupted access to systems and data
    PRAGUE, Aug. 24, 2022 /PRNewswire/ -- Avast (LSE:AVST), a global leader in digital security and privacy, today launches a new Ransomware Shield for businesses, offering organizations an extra layer of protection against ransomware attacks.
  • Despite observing a decline in ransomware attacks in Q4 2021 and Q1 2022 , ransomware attacks are increasing globally once again.
  • Avast's antivirus has always offered consumers and business users powerful protection against cyberthreats including ransomware, and Ransomware Shield offers a purpose-built, additional layer of protection which helps to secure businesses' most crucial files against these highly damaging attacks."
  • While Avast customers are already protected against ransomware via Avast's existing Web Shield, File Shield, and Behavior Shield, Ransomware Shield works alongside them to provide multi-layered protection, ensuring businesses have uninterrupted access to their systems and data.

Antivirus Software Global Market Report 2022: Increasing Number of Cyber-Attacks to Drive Sector Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, August 22, 2022
Technology, Software, Cloud, Android, COVID-19, Computer, IOS, Tablet, Technology, Government, Qihoo 360, Personal computer, Solution, Virus, Linux, Panda Security, Avira, Air India, Organization, NortonLifeLock, Privacy, MAC, CAGR, Microsoft Windows, Hacking, Acquisition, AVG Technologies, Growth, Risk management, Avast

The "Antivirus Software Global Market Report 2022, By Type, Operating System, End User" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Antivirus Software Global Market Report 2022, By Type, Operating System, End User" report has been added to ResearchAndMarkets.com's offering.
  • The global antivirus software market is expected to grow from $3.92 billion in 2021 to $4.06 billion in 2022 at a compound annual growth rate (CAGR) of 3.6%.
  • The antivirus software market consists of sales of antivirus software by entities (organizations, sole traders, and partnerships) that are used to protect computers from viruses by scanning, detecting, and removing them.
  • The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years.