Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Avaya Newsroom Experiences That Matter Cisco Partner Summit Digital 2020 Cyber Resilience Zone HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom HP Reinvent Digital Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 NetApp Digital Newsroom The IoT Integrator Intel Tech Provider Zone NetApp Data Fabric WatchGuard Digital Newsroom

10 Things To Know About The $1.2B FireEye-Mandiant Split

From who will lead FireEye and Mandiant going forward to how FireEye’s products fit into Symphony Technology Group’s fast-growing cybersecurity portfolio and why the separation is expected to reduce channel conflict, here are 10 key things to know.

Back 1   2   3   ... 11 Next
photo

10. FireEye Sale Rumors Have Persisted For Years

An October 2019 report from DealReporter indicated that FireEye was holding talks to potentially sell its product business after struggling to find buyers for the entire company. Earlier that same month, Business Insider reported that private equity firms were believed to be the most likely buyer of FireEye after the company failed to attract the interest of strategic buyers in an earlier process.

Then in March 2020, Spanish news outlet Okdiario reported that Cisco Systems was putting together an offer to purchase FireEye and was expected to present the bid in the coming weeks. Okdiario reported that Cisco and FireEye had engaged in a long period of negotiation and were “closer than ever” in their positions, meaning that a formal offer could be presented in the coming weeks.

This wasn’t the first time Cisco and FireEye were linked in acquisition reports. In fact, a May 2015 report from Seeking Alpha and Nasdaq that Cisco had put in a $9 billion bid to purchase FireEye prompted a denial from the company’s then-CEO John Chambers. “We don’t comment on acquisitions that haven’t been announced, but I wouldn’t count on the one that you may be hearing about today,” he said.

 
 
Back 1   2   3   ... 11 Next

sponsored resources