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FireEye to Separate from Mandiant Solutions

FireEye announced the sale of its product line and name to Symphony Technology Group. FireEye will be separated from Mandiant Solutions, its forensics unit. The separation will allow both organizations to simplify their market strategies and growth expectations. The deal is expected to close by the end of this year, and FireEye’s board of directors says it will repurchase $500 million of outstanding FireEye common stock. The company acquired Mandiant for around $1 billion in 2013, the same year FireEye became a public company.”]

Source: https://www.cuinfosecurity.com/fireeye-to-separate-from-mandiant-solutions-a-16789

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