SAN JOSE, Calif., Oct. 8, 2021 – McAfee Enterprise and FireEye
today announced Symphony Technology Group (“STG”) has closed its
sponsored acquisition of FireEye in an all-cash transaction totaling
$1.2 billion. This transaction completes the combination of McAfee
Enterprise with FireEye.
McAfee Enterprise and FireEye immediately begin their journey to
deliver market-leading cybersecurity solutions to protect global
customers. McAfee Enterprise and FireEye have a proven and trusted
heritage for delivering best-in-class technologies and expertise.
Bringing the two companies together creates a cybersecurity market
leader with more than 40,000 customers, 5,000 employees, and nearly $2
billion in revenue.
“The highly-skilled McAfee Enterprise and FireEye teams join forces
to help our customers combat attackers, while developing an integrated
security platform powered by artificial intelligence and automation,”
said Bryan Palma, Chief Executive Officer of the combined
company. “We will be industry pacesetters – bringing innovation and
expertise to shape the future of cybersecurity.”
McAfee Enterprise and FireEye’s portfolio will redefine the
cybersecurity industry. The combined business delivers an integrated
security platform designed to protect customers across endpoints,
infrastructure, applications, and in the cloud. The new company will
build upon McAfee Enterprise and FireEye’s strong customer
relationships while creating new benefits at scale for channel
partners and resellers.
“Aligning McAfee Enterprise’s device-to-cloud cybersecurity
solutions with FireEye’s robust portfolio of products presents an
extraordinary opportunity for helping keep customers everywhere safe
and secure,” said William Chisholm, STG Co-Founder and Managing Partner.
About McAfee Enterprise
McAfee Enterprise is a pure play enterprise cybersecurity company.
Positioned to solve enterprise customers’ changing security needs with
a world-class solution leading portfolio, McAfee Enterprise delivers
on the needs of modern businesses, organizations and governments
around the world. For more information, please visit www.mcafee.com/enterprise.
FireEye is the intelligence-led security company. Working as a
seamless, scalable extension of customer security operations, FireEye
offers a single platform that blends innovative security technologies,
and nation-state grade threat intelligence. With this approach,
FireEye eliminates the complexity and burden of cybersecurity for
organizations struggling to prepare for, prevent, and respond to cyber
attacks. For more information, please visit www.fireeye.com.
Technology Group (STG) is a private equity partner to market
leading companies in data, software, and analytics. The firm brings
expertise, flexibility, and resources to build strategic value and
unlock the potential of innovative companies. Partnering to build
customer-centric, market leading portfolio companies, STG seeks to
create sustainable foundations for growth that bring value to the
companies with which it partners. The firm is dedicated to
transforming and building outstanding technology companies in
partnership with leading management teams. STG’s expansive portfolio
has consisted of more than 35 global companies. For more information,
please visit www.stgpartners.com.
McAfee Enterprise & FireEye Media Contact