FireEye was founded in 2004 by Ashar Aziz, a former Sun . The all-cash deal will split FireEye . FireEye, Inc. announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. ( Reuters) — U.S. cybersecurity firm FireEye said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm . FireEye and Mandiant are parting ways after entering into an agreement with a consortium led by Symphony Technology Group. . On June 2, FireEye announced the sale of the FireEye Products business to Symphony Technology Group, a private equity partner to market-leading companies in data, software, cyber security, and analytics. Months after McAfee's sale, FireEye announced plans to sell its products business to STG for $1.2 billion, with the remaining company renamed as Mandiant Solutions. FireEye To Sell Products Business To Symphony Technology Group For $1.2B. FireEye rebrands as Mandiant. FireEye has entered into a definitive agreement to sell its products business and name to a consortium led by private equity tech investor Symphony in a $1.2bn, all-cash transaction that will see . Detects advanced attacks in real time — even those that other security solutions miss. FireEye to sell products business for $1.2B, will rebrand as Mandiant. FireEye has entered into a definitive agreement to sell the FireEye products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction . June 3, 2021 1:31 AM. (Reuters) — U.S. cybersecurity firm FireEye said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. This deal was done in Cash. FireEye, Inc. Draper, UTJust nowBe among the first 25 applicantsSee who FireEye, Inc. has hired for this role. "With the divestiture of the FireEye Products business now closed, I look forward to accelerating our vision and building on Mandiant's unique strengths to deliver a range of dynamic cyber . Acquired by. Two trusted leaders in cybersecurity have come together to create a resilient digital world. Helix Security Platform. Trellix is a global company redefining the future of cybersecurity. U.S. cybersecurity firm FireEye Inc (FEYE.O) said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group . FireEye, announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 . FireEye is selling its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion. Reuters. FireEye, Inc announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. FireEye - Products Business (Email Security) acquired by Symphony Technology Group. FireEye, Inc. (NASDAQ:FEYE) today announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology . Integrates with your conventional cyber security products to extend your defenses. The combined McAfee Enterprise-FireEye Products business will serve 40,000 customers, 5,000 employees, and generate nearly $2 billion in annual revenue, STG says. The deal does not include FireEye's Mandiant Solutions business. The transaction is expected to close by the end of the fourth quarter of 2021, subject […] The deal will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions. "With the divestiture of the FireEye Products business now closed, I look forward to accelerating our vision and building on Mandiant's unique strengths to deliver a range of dynamic cyber . The U.S. cybersecurity firm said the sale will split Mandiant Solutions, its cyber forensics unit, from its cloud security, network and email products. FireEye, has announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for US$1.2 billion, before taxes and transaction-related expenses. FireEye in July announced the deal to sell its FireEye Products business to STG, separating the company's network, email, endpoint and cloud security products, along with related security management and orchestration platform from Mandiant's controls-agnostic software and services. FireEye Products Business To Be Acquired By STG, Splitting Off From Mandiant July 1, 2021 In a recent press release, Symphony Technology Group announced its acquisition of the FireEye Products business, including the FireEye brand, in an all-cash transaction for $1.2 billion, with the transaction expected to close by the end of Q4 2021. The deal will separate Mandiant . FireEye, Inc. announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for US$1.2 billion, before taxes and transaction-related expenses. Mandiant (NASDAQ: MNDT) announces the completion of the previously announced transaction to sell the FireEye Products business to McAfee Enterprise in an all-cash transaction for $1.2B. The sale . The deal will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions. FireEye Products business and threat intelligence business Mandiant Solutions, which was acquired by FireEye in 2014, will continue to run as a single entity until the transaction's completion. FireEye - Get FireEye, Inc. Report stock was lower Thursday after the cybersecurity company said it agreed to sell its products business, including the FireEye name, for $1.2 billion in cash to a . These systems assist in FireEye's detection and Threat management product suite. FireEye, Inc. (NASDAQ: FEYE) today announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony . Private equity firm Symphony Technology Group (STG) is acquiring FireEye's security products business and the FireEye brand for roughly $1.2 billion. Mergers and acquisitions. History. Ownership of significant areas of the code for both new feature/functionality development as well as to maintain or improve parts . Transaction Name. The FireEye logo is seen outside the company's offices in Milpitas, California, December 29 . The remaining company will be called . U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 . The business combination is expected to occur during the fourth quarter of 2021, the private equity firm adds. In an unexpected move, FireEye is selling is products business, including the FireEye name, for $1.2 billion. (Credit: Pete Linforth from Pixabay) US-based cybersecurity company FireEye has agreed to divest its FireEye Products business to a consortium led by private equity firm Symphony Technology Group (STG) in an all-cash deal worth $1.2bn. (Reuters) -U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. Elevate your enterprise data technology and strategy at Transform 2021. MILPITAS, Calif. - FireEye, Inc. (NASDAQ: FEYE) today announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. This unique understanding of how organizations combat cyber attacks guides the products FireEye builds. McAfee Enterprise and FireEye Products will merge to create a single entity after the completion of Symphony Technology Group's (STG's) acquisition of FireEye's product business. FireEye ( MNDT 0.27% ) announced this Wednesday a definitive agreement to sell its products business for $1.2 billion in cash to a consortium led by the private equity firm Symphony Technology . What remains will be Greater Washington's newest public . The deal will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions. Follow me. FireEye announced today it will sell its products business, including the FireEye name, to Symphony Technology Group for $1.2 billion in cash. McAfee Enterprise and FireEye Products to merge. FireEye to sell products business for $1.2B, will rebrand as Mandiant. CRN reports. In June 2021, FireEye sold its name and products business to Symphony Technology Group (STG) for $1.2 billion. FireEye, Mandiant Split Apart in $1.2B Private Equity Deal. FireEye CEO Kevin Mandia explains the cybersecurity deal. CEO Kevin Mandia says the firm, soon to be known as Mandiant, will double down on services. Cybersecurity giant FireEye Inc. (NASDAQ: FEYE) is selling its products business — and its name — to a group of investors led by Symphony Technology Group for about 1.2 billion, leaving . The FireEye Products business and Mandiant Solutions will continue to operate as a single entity until the transaction closes, allowing management and STG to develop a successful transition of the . FireEye - Products Business (Email Security) was bought out by Symphony Technology Group for $1.2B on Jun 2, 2021. Development of the next generation, cloud-based, Detection, Threat Intelligence and Telemetry systems, across all FireEye products. Cybersecurity giant FireEye is selling its products business — and its name — to a group of investors led by Symphony Technology Group. FireEye has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. Today's news is striking in itself because a company is not only selling a business unit, but also its business name. The deal will separate FireEye's network, email and cloud security products from its cyber . The purchase price is $1.2 billion. FireEye announced it has entered into a definitive agreement to sell its FireEye products business, including the FireEye name, to a consortium led by private equity firm Symphony Technology Group (STG) in an all-cash transaction for $1.2bn (€986m). The sale will undo FireEye's $1 billion acquisition of Mandiant in 2014, and will bring the company's product . U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 . FireEye Inc (NASDAQ: FEYE) inked an agreement to sell its FireEye Products business, including the FireEye name, to a Symphony Technology Group (STG) led consortium in an all-cash transaction for . The buyer is a consortium led by Symphony Technology Group ().The transaction will separate FireEye's network, email, endpoint and cloud security products, along with the related security management and orchestration platform, from Mandiant's controls-agnostic software and services. Edit M&A Details Section. Technology alone is not enough to combat cyber threats. FireEye has been sold for $1.2bn to the same American private equity fund that bought McAfee's enterprise security business, severing it from infosec stablemate Mandiant.. Elevate your enterprise data technology and strategy at Transform 2021. FireEye is also well-known for its Multi-Vector Execution engine for network security, among other things. STG combined FireEye with its acquisition of McAfee's enterprise business to launch Trellix, an extended detection and response (XDR) company. FireEye (NASDAQ: FEYE) on Wednesday announced plans to sell its products business, including the FireEye name, as part of a $1.2 billion transaction that splits off the Mandiant Solutions unit from the company's endpoint protection and cloud security products. FireEye sold its FireEye Products business to a consortium led by Symphony Technology Group for $1.2 billion on June 2, dramatically changing the company's outlook. FireEye (NASDAQ: FEYE) announced this Wednesday a definitive agreement to sell its products business for $1.2 billion in cash to a consortium led by the private equity firm Symphony Technology Group. The all-cash deal is expected . It will be left with the high-growth SaaS and services business and $1bn net cash. The FireEye Products business and Mandiant Solutions will continue to operate as a single entity until the transaction closes, allowing management and STG to develop a successful transition of the . This deal shall separate FireEye and Mandiant Solutions, which it acquired in late 2013, causing both of them to work as separate entities. History. June 03, 2021. The new company . FireEye was founded in 2004 by Ashar Aziz, a former Sun . decades, gathered by hundreds of highly experienced threat researchers, platform engineers, malware analysts, intelligence analysts, and investigators, as well as a global network of best-in-class business partners. By Christopher Bing (Reuters) -U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. "With the divestiture of the FireEye Products business now closed, I look forward to accelerating our vision and building on Mandiant's unique strengths to deliver a range of dynamic cyber defense solutions to customers, and our partnership with the combined McAfee Enterprise and FireEye Products company," said Kevin Mandia, CEO at Mandiant. STG combined FireEye with its acquisition of McAfee's enterprise business to launch Trellix, an extended detection and response (XDR) company. FireEye is shedding its low-growth products business. At FireEye, we use a unique innovation cycle that combines technology with expertise to continuously improve solutions at a speed and sophistication unmatched in the industry. FireEye said Wednesday it's selling its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash.. MILPITAS, Calif., October 08, 2021--Mandiant, Inc. has completed the divestiture of the FireEye Products business. U.S. cybersecurity firm FireEye said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. FireEye Inc has agreed to sell its products business, which include the FireEye name, to a consortium led by Symphony Technology Group. FireEye Announces Sale of Products Business to Symphony Technology Group. "FireEye, Inc. (NASDAQ: FEYE) today announced it has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses. FireEye Security Products. Akamai will acquire Guardicore. June 3, 2021 by JR. 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