CASE 3: Avangate: Preparing the Trans-Atlantic Jump

Juris Ulmanis and Adrian Tantau

A chapter in Entrepreneurial Icebreakers, 2015, pp 147-154 from Palgrave Macmillan

Abstract: Abstract In the spring of 2003, RAV Antivirus users received an “Important Announcement,” via email, which proudly stated, As you are aware, we at RAV have always maintained that our computer antivirus technology is amongst the best available. Microsoft Corporation has recently acquired our technology, which we believe confirms this to the market. Romanian entrepreneur/investor Radu Georgescu had only created the RAV Antivirus product a year earlier. As the champagne corks popped at the little-known company, GeCAD Software, Radu already felt the need to look for new opportunities. Over the next few months most of the RAV Antivirus development team moved to Microsoft in the United States. A few chose to stay behind. One of them was software engineer Cristian Badea.

Keywords: Private Equity Firm; Senior Management Team; Advisory Board Member; Romanian Company; Cargo Airline (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-44632-9_9

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DOI: 10.1057/9781137446329_9

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