FireEye announces its decision to sell its products business, as well as the FireEye name, to Symphony Technology Group for US$1.2 billion in cash. Mandiant Solutions.3ews will be the name of the remaining company.
Mandiant’s software and services will be separated from FireEye’s network, endpoint, email, and cloud security solutions, as well as the accompanying security management and orchestration platform. The Mandiant division has become well-known for its threat intelligence and security expertise, which has assisted companies all over the world in detecting and addressing attacks.
According to officials, the separation will allow both companies to “accelerate growth investments, pursue new go-to-market pathways, and focus innovation on their respective solutions.”
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