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2021-06-03

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FireEye is selling its products business and name for $1.2 billion

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFireEye is selling its products business and name for $1.2 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 09:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/02/fireeye-selling-products-business-and-name-for-1point2-billion.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nFireEye is selling its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion.\nThe deal will separate Mandiant...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/02/fireeye-selling-products-business-and-name-for-1point2-billion.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/06/02/fireeye-selling-products-business-and-name-for-1point2-billion.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1141434680","content_text":"KEY POINTS\n\nFireEye is selling its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion.\nThe deal will separate Mandiant Solutions, its cyber forensics unit, from its network, email, and cloud security products.\n\nFireEyesaid 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.\nThe U.S. cybersecurity firm said the sale will split Mandiant Solutions, its cyber forensics unit, from its cloud security, network and email products.\nShares of FireEye were relatively flat after hours. The company said the deal is expected to close by the end of the fourth quarter.\nFireEye was the subject of a cyberattack in December of last year, which it believes was state-sponsored.Microsoft in February creditedthe company’s transparency about the breach in helping it discover that had also been attacked.\nFireEye CEO Kevin Mandia said the sale will help it grow its Mandiant Solutions business.\n“After closing, we will be able to concentrate exclusively on scaling our intelligence and frontline expertise through the Mandiant Advantage platform, while the FireEye Products business will be able to prioritize investment on its cloud-first security product portfolio,” Mandia added.\nThe sale is just the latest example of a big-dollar tech deal going to private equity.\nWith the exception of special purpose acquisition companies,seven of the 12 largest tech acquisitionsin the U.S. in 2021 have been carried out by private equity firms, according to data from FactSet.\nIn Wednesday’s announcement, FireEye also said its board approved a share buyback program of up to $500 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/111590077"}