McAfee Enterprise and FireEye Products merge to create $2bn-revenue cybersecurity colossus

The private equity firm bought both businesses this year and plans to form a cybersecurity behemoth

Kelsey Rees
clock • 1 min read
McAfee Enterprise and FireEye Products merge to create $2bn-revenue cybersecurity colossus

Private equity firm Symphony Technology Group (STG) plans to merge its buys of FireEye Products and McAfee Enterprise to form a new company with revenues of $2bn (€1.7bn).  STG claims the merger...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Inside Crayon's AI-fuelled growth and the future after Mooney

Reseller

The Norwegian reseller is leveraging Microsoft Copilot, strategic acquisitions to double business and maintain investor confidence

clock 16 May 2024 • 6 min read
SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Vendor

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

clock 09 May 2024 • 2 min read
Infinity acquires Pax8's end-customer business as it homes in on Microsoft focus

Reseller

"This is a key part of Infinity Group's strategy to solidify our place as a leading provider of Dynamics 365 solutions,” says Infinity CEO Rob Young

clock 08 May 2024 • 2 min read

More on Vendor

Westcon expands Palo Alto partnership to new European markets

Westcon expands Palo Alto partnership to new European markets

The distie will now be able to offer Palo Alto solutions to partners across Finland and the Baltics

clock 16 May 2024 • 1 min read
Cisco: Q3 revenue down 13 per cent in line with expectations, exec shuffle puts former Splunk CEO in president role

Cisco: Q3 revenue down 13 per cent in line with expectations, exec shuffle puts former Splunk CEO in president role

Jeff Sharritts is departing the networking giant after more than 20 years, meanwhile some of Splunk’s benefits to Cisco are coming through in the quarterly revenue numbers

Wade Tyler Millward
clock 16 May 2024 • 4 min read
Partners react to ESET World 2024: MDR, shrinking cyber teams and AI for threat actors and end-users

Partners react to ESET World 2024: MDR, shrinking cyber teams and AI for threat actors and end-users

At the cyber vendor's Bratislava conference, CRN sat down with two UK partners to get their take on the latest cyber trends

clock 15 May 2024 • 7 min read