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Top News In கண் தலைமை நிர்வாகி அதிகாரி கெவின் மண்டியா Today - Breaking & Trending Today

FireEye to sell its products biz to Symphony Technology Group for USD 1.2bn


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FireEye, Inc on Thursday said it will sell its FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for USD 1.2 billion.
New Delhi:
 The transaction will separate FireEye s network, email, endpoint, and cloud security products, along with the related security management and orchestration platform from Mandiant s controls-agnostic software and services, a statement said. 
This will enable both organisations to accelerate growth investments, pursue new go-to-market pathways, and focus innovation on their respective solutions, it added. 
The FireEye Products business and Mandiant Solutions will continue to operate as a single entity until the transaction closes, allowing management and STG to develop a successful transition of the FireEye Products business to a standalone entity within the STG portfolio, it said.  ....

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FireEye to sell product group in $1.2B deal, will retain Mandiant business


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Cybersecurity firm FireEye Inc. today announced that it will sell its products group to private equity company Symphony Technology Group 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 FireEye’s network, email, endpoint and cloud security products, along with the related security management and orchestration platform, from Mandiant’s controls-agnostic software and services. The goal is “enabling both organizations to accelerate growth investments, pursue new go-to-market pathways, and focus innovation on their respective solutions.” In effect, Mandiant returns as a separate company years after it was acquired. ....

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SolarWinds, cyberattacks | Homeland Security Newswire


Executives with technology companies impacted by the massive cybersecurity breach known as the SolarWinds hack are giving U.S. lawmakers more reason to worry, warning the intrusion is both bigger and more dangerous than first realized.
Executives with technology companies impacted by the massive cybersecurity breach known as the SolarWinds hack are giving U.S. lawmakers more reason to worry, warning the intrusion is both bigger and more dangerous than first realized.
The officials, including those from FireEye, the cybersecurity firm that first discovered the breach last December, and SolarWinds, the Texas-based software management company at the center of the hack, testified before the Senate Intelligence Committee Tuesday and told lawmakers they are still trying to assess the damage. ....

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Solarwinds hearing stresses breach disclosure mandates

There is no rule mandating a company to disclose a breach to the federal government, even when national security is a concern. ....

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