Information Jan 17 By Dave

Its largest acquisition occurred in 2021 when it acquired McAfee – Enterprise Business for $4.0B. FireEye has entered a definitive agreement to sell its FireEye Products enterprise, together with the FireEye name, to a consortium led by Symphony Technology Group in an all-cash transaction valued at $1.2B. The transaction is expected to shut by the end of the fourth quarter. Join Mergr to view STG Partners’ full profile and discover extra massive non-public fairness corporations just like it. Douglas Bienstock | Cyber Defense Summit | FireEye See our Training Courses Offering attendees hands-on, small-group, interactive periods with some of FireEye C A ? Doug Bienstock splits his time at Mandiant ” performing Incident Response and \ Z X Red Team work. He makes use of lessons learned from IRs to higher simulate attacker techniques and 2 zero . aid organizations stay ahead of the dangerous guys.

FireEye has become one of many more outstanding names in cybersecurity, known for its research into hacking groups — some linked to governments — and its Mandiant unit for responding to main security incidents. Mandiant was called in to help Colonial Pipeline get well from a latest ransomware attack. The company mentioned the deal is predicted to shut by the tip of the fourth quarter.

We constructed Mergr to avoid wasting individuals the arduous and time-consuming means of tracking when corporations are purchased, offered, and who at present owns them. STG Partners’ largest exit occurred in 2017 when it sold MSC Software for $834M. The FireEye Products and Mandiant Solutions businesses will function as a single entity till the transition closes. After the shut, FireEye Products will become a standalone entity inside the STG portfolio. In the last three years, STG Partners has acquired eleven corporations.

Symphony Technology Group is a non-public holding firm centered on making investments in software and companies corporations. Symphony seems to leverage operational expertise in serving to its portfolio companies ‘improve customer worth’ and develop. In addition to its focus within enjoy technology ron spac 1.6b the software/services sectors, Symphony also has curiosity in healthcare, prescription drugs manufacturing, shopper packaged items, retail, financial companies, and communications. Symphony Technology Group was shaped in 2002 and relies in Palo Alto, California. /investments/microsoft-mandiant-acquisition-report Microsoft Pursuing Mandiant Acquisition?

– MSSP Alert , the incident response and – XDR cybersecurity company that just lately FireEye , a report indicates. FireEye’s chief executive Kevin Mandia mentioned the deal unlocks its “high-growth” Mandiant enterprise, permitting it to face alone as a separate enterprise running incident response and safety testing. STG Partners’ most common sectors for funding aresoftware (41%) and data expertise (37%) . The Firm’s most common funding varieties embody divestiture (37%) and buyout (25%). In total, STG Partners has invested in 18 US states and 7 completely different countries.

The sale will separate FireEye’s community, email, endpoint, and cloud safety products, and the associated safety management and orchestration platform, from Mandiant’s controls-agnostic software and companies. /endpoint/fireeye-mandiant-to-split FireEye, Mandiant to Split in $1.2 Billion Deal FireEye will divest of its giant however slow-growing merchandise enterprise to focus on its fast-growing cybersecurity companies business. /article/fireeye-sells-fireeye-products-unit-to-stg-for-1-2-billion ? ;FireEye sells FireEye Products unit to STG for $1.2 billion FireEye P N L stated that the transaction separates the corporate’s network, e mail, endpoint Mandiant ‘s software program and companies. Cybersecurity large FireEye has agreed to sell its merchandise business to a consortium led by non-public equity firm Symphony Technology Group for $1.2 billion. The all-cash deal will cut up FireEye, the maker of community and e mail cybersecurity merchandise, from its digital forensics and incident response arm Mandiant.