FireEye products business sold for $1.2 billion
Summary
The transaction is expected to close by the end of the fourth quarter of 2021, subject to customary regulatory approvals and closing conditions, and 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, enabling both organizations to accelerate growth investments, pursue new go-to-market pathways, and focus innovation on their respective solutions. The company is committed to building and preserving a strong partnership and at closing will enter into agreements designed to maximize the benefits for joint customers. Customers and partners can expect to receive the full benefit of these agreements as the companies share technology, telemetry, threat intelligence, and expertise. We look forward to our relationship and collaboration on threat intelligence and expertise.” “We are extremely impressed by the FireEye products business and the mission critical role it plays for its customers,” said William Chisholm, Managing Partner at STG. With Mandiant Advantage, customers of all sizes can access the latest threat intelligence from the front lines, automate alert investigation and prioritization, and validate the effectiveness of security controls products from any vendor.