![]() ![]() Ho also told Reuters that demand for security software stocks was on the rise given the recent concerns related to widespread hacking, giving them a chance to take advantage of the high valuations attached to these stocks. The proposed offering is said to consist of ordinary shares sold by AVG as well as selling shareholders, though the number of shares to be sold or the expected share price were not revealed, the report noted. The filing indicated that the company had 106 million active users as of Sept. "The whole 'freemium' model has been effective in gaining subscribers, so their strategy seems to be less focused on growing the subscription revenue-if you look at the growth rate year over year," William Blair & Co analyst Jonathan Ho said in the report. Besides its free software, AVG also provides a paid subscription software version with more advanced features, and this business strategy is known as the "freemium" model, it stated. Antivirus software developer AVG Technologies has filed an initial public offering (IPO) looking to raise up to US$125 million in funds amid high investor demand for security software stocks.Īccording to a Reuters report last Friday, the Netherlands-based company is known for its free suite of antivirus products and monetizes its large user base through targeted advertisements and driving traffic to online search companies such as Google and Yahoo. Microsoft Windows Home Server - WHS will automatically backup and restore your computers, allow you to stream media and share files to any PC or MAC and allow remote access to them too from at home or from the office. ![]()
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