FireEye Sells Products Business to Symphony Group for $1.2B


Level 14
Jan 21, 2018
"The transaction will include the FireEye brand name; the business that remains will be called Mandiant Solutions.

FireEye announced today it will sell its products business, including the FireEye name, to Symphony Technology Group for $1.2 billion in cash. The remaining company will be called Mandiant Solutions.3ews
This transaction will separate FireEye's network, email, endpoint, and cloud security products, as well as the related security management and orchestration platform, from Mandiant's software and services. The Mandiant division has become better known for its work in threat intelligence and security expertise, helping business around the world detect and remediate attacks.

The split will enable both organizations to "accelerate growth investments, pursue new go-to-market pathways, and focus innovation on their respective solutions," officials wrote in a release...."