Author Topic: FireEye to sell products unit to Symphony-led group for $1.2B  (Read 239 times)

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FireEye to sell products unit to Symphony-led group for $1.2B
Zack Whittaker
@zackwhittaker / 1:52 PM PDT•June 2, 2021

https://techcrunch.com/2021/06/02/fireeye-to-sell-products-unit-for-1-2b-to-symphony-led-group/

Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion.

The all-cash deal will split FireEye, the maker of network and email cybersecurity products, from its digital forensics and incident response arm Mandiant.

FireEye’s chief executive Kevin Mandia said the deal unlocks its “high-growth” Mandiant business, allowing it to stand alone as a separate business running incident response and security testing.

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