FireEye to sell products business, Mandiant to remain as standalone public company bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
FireEye Logo.
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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.
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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.