Avast may have wanted to go public earlier in the year. The Facebook debacle temporarily sucked the wind out of the industry’s IPO sails. The $90 million figure is down 55% from the $200 million figure that was floated earlier this year. The bookrunners on the deal are UBS Investment Bank, Deutsche Bank Securities, and Jefferies & Co.
Avast has a corporate office just north of Silicon Valley in San Mateo, California. A 20 mile hike to AT&T Ballpark, for San Francisco Giants baseball games. AVG Technologies California employees? They just have to walk across the street. Very cool.