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FireEye to sell products business for $1 2 bln to Symphony-led investor group

U.S. cybersecurity firm FireEye Inc (FEYE.O) 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.

FireEye to sell products business for $1 2 billon to Symphony-led investor group

FireEye Logo.   | Photo Credit: Reuters 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 here 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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