Collaborate Disseminate
Symphony Technology Group (“STG”) announced the launch of Skyhigh Security. The new portfolio company was created to satisfy the growing cloud security requirements for large and small organizations. Skyhigh Security’s unique approach extends security … Continue reading STG launches Skyhigh Security to protect data regardless of where it lies
Skyhigh is essentially the last piece of the puzzle created by Symphony Technology Group’s shakeup of several big cybersecurity brands.
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Symphony Technology Group (“STG”) announced the appointment of security industry veteran Gee Rittenhouse as CEO of McAfee Enterprise. McAfee Enterprise is focused on helping customers secure their digital transformation and hybrid workforce with data a… Continue reading STG appoints Gee Rittenhouse as CEO of McAfee Enterprise
On Jan. 19, the private equity firm that bought FireEye and McAfee Enterprise announced that the two acquisitions would “emerge” to form Trellix, a cybersecurity business with 5,000 employees and 40,000 customers. The goal is to offer “an integrated security platform designed to protect customers across endpoints, infrastructure, applications, and in the cloud,” Trellix officials said. The move also represents some disintegration, too, as it becomes the latest milestone in a shakeup involving some of the industry’s biggest names. The private equity firm — Silicon Valley-based Symphony Technology Group (STG) — finished its $4 billion acquisition of McAfee Enterprise in July, then bought much of FireEye in a deal that closed in October for $1.2 billion. With those two units forming Trellix, here’s where things stand for the relevant pieces: Trellix Bryan Palma, a FireEye executive vice president, is the new company’s CEO. In a Jan. 19 blog post, he […]
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Continue reading Trellix, McAfee, FireEye, Mandiant: What’s next for four big names in cyber
RSA Security announced the transition of its Fraud & Risk Intelligence business into a new standalone company serving a worldwide customer and partner community. The new organization, Outseer, is led by CEO Reed Taussig who joined the RSA Fraud &#… Continue reading RSA introduces Outseer, a spinout of its Fraud & Risk Intelligence unit
FireEye has entered into a definitive agreement to sell the FireEye products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related … Continue reading FireEye products business sold for $1.2 billion
McAfee announced it has entered into a definitive agreement to sell its Enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4.0 billion. The transaction is expected to close by the end of 2021, sub… Continue reading McAfee sells its Enterprise business for $4 billion