Security News > 2021 > June > Revenge of the SaaS: Mandiant uses services to escape FireEye
Mandiant has untangled itself from FireEye by selling the product portion of the firm to Symphony Technology Group for $1.2 billion.
In a cybersecurity divorce that had fewer leading indicators than the dissolution of Kim and Kanye, Mandiant has finally untangled itself from FireEye by selling the product portion of the firm to Symphony Technology Group for $1.2 billion.
While, during the same time frame, the Mandiant side of the business mostly excelled, placing in several Forrester Wave™ evaluations as a Leader, FireEye security products did not fare as well in our evaluations.
Mandiant was able to find momentum through SaaS offerings such as Mandiant Security Validation, Mandiant Advantage Threat Intelligence, Mandiant Managed Detection and Response, and its legacy incident response business.
Mandiant struggled to sell its "Controls agnostic" services while attached to the FireEye brand.
In five years, we expect to see Mandiant as a highly recognizable security brand, while FireEye will likely get placed in a renamed IPO full of "Synergies" for investors.