Company Overview

Gen Digital Inc. is a multinational software company co-headquartered in Prague, Czech Republic and Tempe, Arizona, representing one of the world's largest cybersecurity pure-play companies. The company provides comprehensive security, identity protection, and privacy solutions to individual consumers through its portfolio of industry-leading brands including Norton, Avast, LifeLock, AVG, Avira, CCleaner, ReputationDefender, and MoneyLion. As a Fortune 500 company and member of the S&P 500 stock-market index, Gen Digital serves over 500 million users across more than 150 countries, leveraging one of the most advanced threat detection networks in the world.

The company was formed in September 2022 through the $8.1 billion merger of NortonLifeLock and Avast, creating a cybersecurity giant with complementary strengths spanning North American and European markets. This strategic combination brought together Norton's market leadership in identity theft protection and consumer security software with Avast's advanced AI and machine learning-based threat detection capabilities. The merger created significant scale advantages, allowing Gen Digital to invest more heavily in innovation, expand its global footprint, and deliver comprehensive cyber safety solutions to hundreds of millions of consumers worldwide.

Gen Digital's roots trace back to 1982 when Gary Hendrix founded Symantec Corporation with a National Science Foundation grant, initially focused on artificial intelligence projects. The company acquired Peter Norton Computing in 1990 and launched Norton AntiVirus in 1991, establishing itself as a pioneer in consumer security software. Over four decades, the company evolved through strategic acquisitions including LifeLock ($2.3 billion in 2017), transforming from an enterprise-focused security company into a consumer cybersecurity leader. The 2019 divestiture of its enterprise security business to Broadcom for $10.7 billion enabled the company to sharpen its focus on consumer markets, leading to the NortonLifeLock brand and ultimately the formation of Gen Digital.

Today, Gen Digital operates at the intersection of cybersecurity, identity protection, and financial wellness. The company's mission is to power Digital Freedom by helping consumers protect their digital lives, secure their identities, and manage their financial wellbeing. In 2024-2025, Gen Digital expanded into financial services through the $1 billion acquisition of MoneyLion, an AI-powered fintech platform serving 18 million customers. This acquisition more than doubled Gen's addressable market to over $50 billion, positioning the company to deliver integrated solutions that protect consumers' digital, identity, and financial security. With annual revenue exceeding $4.2 billion and approximately 3,500 employees, Gen Digital continues to lead the evolution of consumer cyber safety through innovation, strategic acquisitions, and commitment to powering Digital Freedom for people everywhere.

Founded
1982
Headquarters
Mountain View, California, USA

The Gen Digital Story

Founded in 1982
Mountain View, California, USA
Founded by Gary Hendrix

Founders

Gary Hendrix
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Gen Digital is recognized as a market leader in the Consumer Technology sector, demonstrating strong industry presence and customer trust.

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