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Gen Digital

Gen Digital Inc.
Formerly
  • Symantec Corporation
    (1982–2019)
  • NortonLifeLock Inc.
    (2019–2022)
Company typePublic
IndustrySoftware
FoundedMarch 1, 1982 (1982-03-01) in Sunnyvale, California, U.S.
FounderGary Hendrix
Headquarters
Area served
Worldwide
Key people
ProductsCybersecurity software
Brands
ServicesComputer security
RevenueDecrease US$3.81 billion (2024)
Decrease US$1.12 billion (2024)
Decrease US$616 million (2024)
Total assetsDecrease US$15.8 billion (2024)
Total equityDecrease US$2.20 billion (2024)
OwnerPavel Baudiš (8.1%) [1]
Number of employees
c. 3,400 (2024)
Websitewww.gendigital.com
Footnotes / references
Financials as of March 29, 2024.[2]

Gen Digital Inc. (formerly Symantec Corporation and NortonLifeLock Inc.) is a multinational software company co-headquartered in both Prague, Czech Republic (EU) and Tempe, Arizona (USA). The company provides cybersecurity software and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. It is listed at both NASDAQ and Prague Stock Exchange.[3] Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, MoneyLion and CCleaner.[4]

On October 9, 2014, Symantec declared it would split into two independent publicly traded companies by the end of 2015. One company would focus on security, the other on information management. On January 29, 2016, Symantec sold its information-management subsidiary, named Veritas, and which Symantec had acquired in 2004,[5] to The Carlyle Group.[6] On August 8, 2019, Broadcom announced they would be acquiring the Enterprise Security software division of Symantec for $10.7 billion.[7] After the acquisition, Symantec became known as NortonLifeLock.[8][9] After completing its merger with Avast in September 2022, the company adopted the name Gen Digital.[10]

  1. ^ 2024 Proxy statement
  2. ^ "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. May 16, 2024. pp. 10, 42–43.
  3. ^ "GEN DIGITAL | Prague Stock Exchange". www.pse.cz. Retrieved April 21, 2025.
  4. ^ "Gen Digital Inc, GEN:NSQ profile - FT.com". markets.ft.com. Retrieved April 21, 2025.
  5. ^ Bray, Chad (August 11, 2015). "Carlyle Group and Other Investors to Acquire Veritas Technologies for $8 Billion". The New York Times. ISSN 0362-4331. Retrieved April 21, 2020.
  6. ^ Kuranda, Sarah (January 29, 2016). "Partners Cheer the Official Closing Date of Symantec Split". CRN. Retrieved February 21, 2016.
  7. ^ Novet, Jordan (August 8, 2019). "Broadcom acquires Symantec's enterprise business for $10.7 billion". Retrieved February 5, 2024.
  8. ^ Kan, Michael (November 6, 2019). "Symantec Becomes NortonLifeLock". Retrieved February 6, 2024.
  9. ^ Avalos, George (January 15, 2020). "Cyber-security firm, headquarters moved to Arizona, selling 10 California buildings". Press Enterprise. Retrieved May 23, 2020.
  10. ^ Scroxton, Alex (November 8, 2022). "NortonLifeLock, Avast debut new 'Gen' identity". ComputerWeekly.com. Retrieved November 16, 2022.

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