FireEye Brand to Be Renamed Mandiant Early Next Month
The company's Nasdaq ticker symbol will also change next month.
The FireEye brand soon will be history. That’s because the company plans to change its name to Mandiant early next month.
FireEye is selling its products business, including the FireEye brand, for $1.2 billion. A consortium led by Symphony Technology Group (STG) is the buyer.
On Oct. 4, FireEye will change its corporate name and relaunch as Mandiant. That’s during its annual Cyber Defense Summit (CDS) 2021.
The company’s Nasdaq ticker symbol will change to “MNDT” at the opening of trading on Oct. 5.
Kevin Mandia is the company’s CEO.
Mandiant’s Kevin Mandia
“Given the pending sale of the FireEye products business to STG, this year’s Cyber Defense Summit is an ideal time to rename and relaunch the company as Mandiant,” he said. “Mandiant is focused on helping every organization improve its security posture and better navigate today’s cyber threat landscape.”
The summit will showcase the Mandiant Advantage SaaS platform. This technology helps scale Mandiant’s frontline expertise and threat intelligence to deliver cyber defense solutions to organizations of all sizes.
The STG transaction separates 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. Mandiant and STG should close the deal by the end of the fourth quarter.
Partners will be able to pick and choose products and services from both companies to suit their needs.
FireEye acquired Mandiant in late 2013.
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