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Conduit Ltd. is an international software company.[1][2] From its founding in 2005 to 2013, its most well-known product was the Conduit toolbar, which was widely-described as malware.[3][4][5][6][7] In 2013, it spun off its toolbar business; today, its main product is a mobile development platform that allows users to create native and web mobile applications for smartphones.[5][8][9]
 | |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2005 |
| Founder |
|
| Headquarters | New York City, United States; London, United Kingdom |
Area served | Worldwide |
| Website | www |
From 2005 to 2013, the company's most well-known product was the Conduit toolbar, which is flagged by most antivirus software as potentially unwanted and adware.[4] Conduit's toolbar software is often downloaded by malware packages from other publishers.[3] The company spun off the toolbar division that manages the Conduit toolbar in 2013.[5]
Today, the company's main product is a mobile development platform that allows users to create native and web mobile applications for smartphones. App creation for its App Gallery is free, but it charges a monthly subscription fee to place apps on the Apple Store or Google Play.
Conduit was founded in 2005 by Shilo, Dror Erez, and Gaby Bilcyzk.[10][11] Between years 2005 and 2013, it ran a successful but controversial toolbar platform business.
Conduit was part of the so-called Download Valley companies monetizing free software and downloads by bundling adware.[12][13] The toolbars were criticized by some as being very difficult to uninstall.[7] The toolbar software was referred to as a "potentially unwanted program" by some in the computer industry because it could be used to change browser settings.[3]
The company had more than 400 employees in 2013.[14] In September same year, Conduit spun off its entire website toolbar business division, which combined with Perion Network.[15] After the deal, Conduit shareholders owned 81% of Perion's existing shares and both Perion and Conduit remained independent companies.[9] The substantial size of the Conduit user base allowed Perion to immediately surpass AOL in U.S. searches.[9]
In 2015, Conduit announced it would purchase Keeprz, a mobile customer loyalty platform, for $45 million.[1]
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