$6 billion cybersecurity giant FireEye is selling a huge chunk of its business, and its name, in a $1.2 billion deal that will let it double down on what it’s really good at (FEYE)
Eight years ago, prominent $6 billion cybersecurity company FireEye acquired incident response startup Mandiant. That deal has just been undone by a CEO who appears delighted to decouple the two.
Kevin Mandia, the chief executive, used the word “unlock” five times in an investor call Wednesday, where he announced that FireEye has agreed to sell much of its enterprise cybersecurity products business, including the FireEye name, to Symphony Technology Group, a private equity consortium, in an all-cash…
