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Avast Software Gets $100 Million Invest From Summit Partners

August 23, 2010 By Alan Favier Leave a Comment

AVAST Software, developers of the world’s most popular antivirus program, today announced that growth equity investor Summit Partners has invested $100 million for a minority stake in the company. With the investment, Summit Partners has acquired a minority stake in the company, which markets its popular antivirus software based on a freemium model. “Summit Partners’ [...]

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Viacom Profit Increases by 52% But Misses the Revenue Estimates

August 5, 2010 By George Asad Kamel Leave a Comment

Viacom Inc posted a higher-than-expected quarterly profit on Thursday on cost cuts and improved advertising sales, but a decline in DVD sales caused revenue to miss Wall Street estimates. The results, released Thursday, marked a full year of rising profits for Viacom. Coming out of a recession that put a huge dent in the budgets [...]

Filed Under: General, News Tagged With: advertising, advertising sales, cable channels, company, Earnings, estimate, estimates, forecast, increase, International, Media, mtv, net income, profit, profit increase, profit increases, profits, quarterly profit, Reported, revenue, TV, tv ads, Viacom, viacom inc, wall street, wall street estimates

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Avast Software Gets $100 Million Invest From Summit Partners

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