FireEye to sell product group in $1.2B deal, will retain Mandiant business
Cybersecurity firm FireEye Inc. has announced that it will sell its Products Group to private equity company Symphony Technology Group – formally STG Partners LLC for $1.2 billion.
Under the deal, FireEye is also selling its name and core business but will retain assets that were acquired from Mandiant Inc. in a $1 billion stock and cash deal in 2014.
The sale is described as separating FireEyes network, email, endpoint and cloud security products, along with the related security management and…
