Gen Digital Investor Relations Material

Gen Digital Inc. is a Czech-American company with multinational operations providing various software and services within cybersecurity. This is done through several subsidiaries providing antivirus software and other related services. Among Gen Digital’s portfolio one finds brands such as Norton, Avast, LifeLock, and several other well-established players within the antivirus sector. The company is headquartered in Prague, Czech Republic, as well as in Tempe, Arizona. Its shares are traded on the Nasdaq.

What would later go on to become Gen Digital was founded in 1982 by Gary Hendrix, and initially focused on artificial intelligence-related projects, Symantec shifted towards software development, gaining prominence with its Norton antivirus product line. Over the years, the company expanded through acquisitions, enhancing its portfolio in areas like storage, backup, and cybersecurity solutions. In 2016 Symantec sold its subsidiary focused on information management to The Carlyle Group, and in 2019 Broadcom acquired the company’s Enterprise Security division and Symantec changed its name to NortonLifeLock. In 2022 it merged with Avast, and the new company that emerged was named Gen Digital.

Gen Digital provides a wide array of services through its subsidiaries. The company specializes in comprehensive antivirus solutions, designed to protect against various forms of malware, including viruses, spyware, and ransomware. Additionally, Gen Digital offers advanced internet security services, which encompass real-time threat detection and proactive defense mechanisms against cyber threats.

Another significant aspect of their services includes identity protection features. These are aimed at safeguarding personal and financial information, particularly vital in an era of increasing online transactions and identity theft risks. The company also provides VPN (Virtual Private Network) services, enhancing online privacy and security for users by encrypting internet connections and masking IP addresses.

For businesses, Gen Digital's offerings include endpoint security solutions, ensuring that devices connected to a company's network are secure and compliant with cybersecurity policies. Gen Digital also offers various cloud security services.

As previously mentioned, Gen Digital operates through a network of subsidiary brands, each specializing in different aspects of cybersecurity and digital protection. Some of the most recognizable brands in the company’s portfolio include the brands mentioned in the introduction to this article, as well as CCleaner, AVG, and several others.