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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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Did Internet Almost Kills United States Postal Service? , USPS Reports $3.5 Billion Loss

August 5, 2010 By Daniel Midofit Leave a Comment

The U.S. Postal Service reported a $3.5 billion loss in its most recent quarter Thursday, as mail volume plummets and retiree health care costs mount. The USPS, a self-supporting government agency that receives no tax dollars, said operating revenue declined 1.8% to $16 billion during the fiscal 2010 third quarter compared to a year earlier, [...]

Filed Under: General, News Tagged With: Business, business model, congress, estimate, fiscal stability, fiscal year, government, government agency, health care costs, Internet, John Potter, Mail, mail volume, operating, Postal Service, postmaster, postmaster general john, quarterly loss, quarters, revenue, state, states postal service, tax dollars, u s postal service, U.S. Postal, united states, united states postal, United States Postal Service, USPS

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business model - News

Avast Software Gets $100 Million Invest From Summit Partners

Did Internet Almost Kills United States Postal Service? , USPS Reports $3.5 Billion Loss

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Avast Software Gets $100 Million Invest From Summit Partners

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