FireEye to sell products business for $1.2 billon to Symphony-led investor group
The Hindu
The deal will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions. The deal is expected to close by the end of the fourth quarter.
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) U.S. cybersecurity firm FireEye Inc said on Wednesday it would sell its products business, including the FireEye name, to a consortium led by private-equity firm Symphony Technology Group for $1.2 billion in cash. The deal will separate FireEye's network, email and cloud security products from its cyber forensics unit, Mandiant Solutions.
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