AVG Technologies Prices IPO at $16/Share

AVG Technologies, the anti-virus software company backed by Intel Capital, Grisoft Holdings and private equity firm TA Associates, has priced its initial public offering at $16 per share, Reuters reported Wednesday. The company, which competes with Symantec and McAfee, was expecting to price its IPO of 8 million shares between $16 and $18 a share.

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