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AVG Technologies (NYSE: AVG) is the online security company for devices, data and people. The definition of security has expanded; it is no longer about anti-virus software, but about feeling protected online anywhere, anytime and on any device. Our vision is to offer that peace of mind to a worldwide and fast-growing customer base.
Our business model is built on a diverse revenue stream, based on innovative integrated solutions both for consumer (desktop and mobile) and small and medium businesses (SMB) segments. Benefiting from strong branding, user-generated product feedback and community support, we continuously improve product quality and user experience and add new users at a low cost of acquisition. As a result, our company is well positioned to monetize its growing user base through cross-selling, premium offerings and value-added services that users want and trust. In addition, AVG has proven track record of capturing synergies through acquisitions and accelerating growth in consumer mobile and SMB segments.
Taken as a whole, AVG business model drives scalable growth, robust operating margins and strong cash flow generation, positioning it as an interesting investment opportunity.