Tag: Symphony

Merged McAfee Enterprise and FireEye build Trellix

Symphony Technology Group has unveiled Trellix, an extended detection and response (XDR) provider with a focus on accelerating technology innovation through data science and automation.

The outfit was created by last year’s crossing of McAfee Enterprise and FireEye. The new cyber security firm’s platform combines automation, machine learning, extensible architecture, and threat intelligence.

STG said that with Trellix’s security platform customers can expect bold innovation across the XDR market.

STG managing partner William Chisholm said Trellix will build resilient and confident organisations using something which it calls ‘living security’, which learns and adapts to protect operations from advanced threats across multiple attack vectors.

FireEye flogs its products business

Security outfit FireEye is selling its products business and the FireEye name to private equity firm Symphony for $1.2 billion.

The company, which will have to be renamed, will retain its Mandiant cyber forensics division but will part with its cloud security, networking, and email products as well as the name.

The new entity will keep the name Mandiant Solutions which was created by FireEye CEO Kevin Mandia, integrated into the broader FireEye portfolio and became a key segment.

Mandia said the sale of the broader FireEye portfolio to private equity will help to grow the Mandiant Solutions business, which FireEye claims has established its position as the market leader in threat intelligence and security expertise.