January 14, 2013 at 17:47 PM EST
2012 IPO AVG, A Software Maker, Hangs Near Its High
AVG Technologies (AVG) is trading near an all-time high as investors bet on its "freemium" approach to distributing security software. The company, incorporated in the Netherlands, offers anti-virus software to consumers and small business. Customers use the basic security software for free, but AVG manages to monetize this user base by selling a premium security suite, backup or tune-up products and other offerings. AVG, founded in the Czech
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