Avast, one of the world’s largest antivirus software companies, has been reported to own a minority stake in HMA, a leading global VPN provider. The investment was first reported by the Financial Times in early 2018.
The news has raised some concerns about the potential for Avast to exert undue influence over HMA’s operations.
The ownership stake is relatively small, and Avast has no voting rights. However, the investment could give Avast access to HMA’s technology and customer base, and could give the company a greater awareness of potential security threats.
Avast has reportedly been investing in a number of cybersecurity firms over the past few years, and the investment in HMA could be seen as part of this strategy.
There is no evidence that Avast has exercised any influence over HMA’s operations. However, the company’s ownership stake raises concerns about the potential for Avast to exert undue influence over the company. The investment could give Avast access to HMA’s technology and customer base, and could give the company a greater awareness of potential security threats.
It is important to note that the ownership stake is relatively small, and Avast has no voting rights.
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