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FireEye, Inc. (NASDAQ: FEYE) has launched the FireEye XDR, a comprehensive platform aimed at enhancing security operations by improving threat detection and response capabilities. The platform integrates security protections for endpoints, networks, email, and cloud services. FireEye XDR, powered by Mandiant's threat intelligence, allows seamless integration of various security tools and is designed for mid-market and enterprise security teams facing increased cyber risks. Future enhancements include advanced cloud capabilities and improved dashboards, building on their commitment to robust cybersecurity.
Mandiant, part of FireEye (NASDAQ: FEYE), has acquired Intrigue, enhancing its attack surface management capabilities within the Mandiant Advantage platform. This acquisition aims to empower organizations to discover, monitor, and manage their risk more effectively. Mandiant’s integration of Intrigue’s technology will provide critical visibility across multi-cloud and on-premise environments, accelerating security teams' ability to prioritize risks and respond to threats. The acquisition aligns with Mandiant’s strategy to leverage frontline intelligence for better risk management.
FireEye, Inc. (NASDAQ: FEYE) reported Q2 2021 financial results, highlighting a 17% increase in revenue to $114 million. Annualized recurring revenue rose by 19% to $244 million. The company’s GAAP net loss per share was 44 cents, slightly worse than the 41 cents reported last year. The FireEye Products business is being sold for $1.2 billion, with financials classified as discontinued operations. The third-quarter outlook remains cautious amid market conditions.
FireEye, Inc. (NASDAQ: FEYE) has appointed Erin Joe as Senior Vice President of Strategy and Alliances. Joe, a former top FBI executive, will lead Mandiant's strategy and key partnerships in government and private sectors. With over 25 years of experience, including senior roles in cyber defense strategy, she aims to enhance FireEye's capabilities against rising cyber threats. Joe's past achievements include improving intelligence sharing with Fortune 500 companies and driving national cyber defense initiatives. FireEye continues to support over 10,100 customers globally.
FireEye, Inc. (NASDAQ: FEYE) will release its financial results for Q2 2021 on August 5, 2021, after U.S. market close. A conference call will follow at 5 p.m. ET to discuss these results. Interested individuals can participate by calling 800-708-4539 for domestic or 847-619-6396 for international access. A live audio webcast will also be available on the Investor Relations section of the FireEye website. The company serves over 10,100 customers worldwide, including more than 50% of the Forbes Global 2000.
FireEye, Inc. (NASDAQ: FEYE) has launched the Mandiant On-Demand Cyber Intelligence Training, aimed at addressing the cybersecurity talent shortage. This program is designed to equip organizations with practical skills in threat intelligence across various use cases. The training is flexible, accessible 24/7, and features courses such as Cyber Intelligence Foundations and Intelligence Research I & II. Beginning Q3 2021, new courses will be added quarterly. Participants will receive certificates applicable for CPE credits, enhancing their professional credentials.
FireEye (NASDAQ: FEYE) has signed an agreement to sell its FireEye Products business to a Symphony Technology Group-led consortium for $1.2 billion in cash. The sale, expected to finalize by Q4 2021, will separate FireEye's security products from Mandiant's software services. Both organizations aim to enhance growth and innovation post-transaction. Additionally, FireEye's Board approved a $500 million share repurchase program, allowing stock buybacks at management discretion. Financial and legal advisors for the transaction have been appointed.
FireEye, Inc. (NASDAQ: FEYE) has unveiled new Mandiant Cyber Risk Management Services, aimed at enhancing corporate security strategies. Designed for executives and security leaders, these services provide risk-based insights to identify critical assets and vulnerabilities. The offering includes six key assessments focusing on security capability, asset prioritization, due diligence, risk operations, threat management, and modeling. This shift from reactive to proactive security practices allows organizations to make informed decisions for better risk mitigation and asset protection.
FireEye (NASDAQ: FEYE) announced that Kimberly Jaecksch, Janice Kennedy, and Melinda Long were recognized on CRN's 2021 Women of the Channel list. This accolade highlights their leadership within the IT channel, especially during the challenges of the COVID-19 pandemic. Jaecksch’s efforts in pipeline building, Kennedy’s educational initiatives for partners, and Long’s revenue focus on DOD and Intelligence Community partners have all been pivotal. Bill Robbins, EVP at FireEye, praised their impact in adapting programs to support valued partners during these unprecedented times.
