Mandiant Confirms Name Change from FireEye, Inc. to Mandiant, Inc.
October 04 2021 - 7:00AM
Business Wire
Company’s common stock symbol to change to MNDT
on October 5, 2021
Mandiant, Inc. (NASDAQ: FEYE), the leader in dynamic cyber
defense and response, today announced that its corporate name
change from FireEye, Inc. is now effective. The company has
rebranded as Mandiant, Inc. and its Nasdaq common stock ticker
symbol will change to MNDT from FEYE at the open of trading
tomorrow, October 5, 2021.
The decision to change the corporate name and stock ticker
symbol reflects the company’s strategy to focus on Mandiant’s
security controls-agnostic solutions delivered through the Mandiant
Advantage cloud-based platform. Pursuant to this strategy, on June
2, 2021 the company announced it had entered into a definitive
agreement to sell the FireEye Products business, including the
FireEye name, to a consortium led by Symphony Technology Group
(STG).
“Renaming our company as Mandiant, Inc. aligns with our mission
of making every organization confident in their cyber defenses,”
said Kevin Mandia, CEO at Mandiant.
Mandiant believes that effective security results from the right
combination of expertise, intelligence, and adaptive technology.
For the past 17 years, Mandiant has delivered unparalleled
frontline experience and industry-leading threat intelligence.
Mandiant currently responds to more than 1,000 security breaches
each year. The resulting insights are what power Mandiant’s dynamic
cyber defense solutions, which are all delivered through the
Mandiant Advantage SaaS platform. Dynamic cyber defense brings
effective and efficient cyber security to organizations of all
sizes enabling them to consistently adapt their defensive posture
as the threat environment changes.
“Over the years, organizations have sought to modernize and
secure their critical business processes by adopting security and
IT technologies from many different vendors. Mandiant is uniquely
positioned to help customers take decisive action and minimize
risk, irrespective of their size or the security controls they use.
We expect our pending sale of the FireEye Products business to
enable greater agility and spur increased company growth,” said
John Watters, President and Chief Operating Officer at
Mandiant.
“Mandiant holds an unrivaled view of the attack lifecycle. By
combining machine, adversary breach intelligence, and operational
cyber threat intelligence, Mandiant empowers security teams to
understand and proactively protect against the relevant threats
facing their organizations,” added Watters.
Join Mandiant at Cyber Defense Summit October 5-7, 2021, either
virtually or in Washington D.C. For event details and to register,
visit summit.mandiant.com
About Mandiant, Inc.
Since 2004, Mandiant® has been a trusted partner to
security-conscious organizations. Effective security is based on
the right combination of expertise, intelligence, and adaptive
technology, and the Mandiant Advantage SaaS platform scales decades
of frontline experience and industry-leading threat intelligence to
deliver a range of dynamic cyber defense solutions. Mandiant’s
approach helps organizations develop more effective and efficient
cyber security programs and instills confidence in their readiness
to defend against and respond to cyber threats.
Forward-looking Statements
This press release contains forward-looking statements,
including statements regarding the proposed sale transaction,
change in stock ticker symbol, and expectations for increased
company growth. These forward-looking statements involve risks and
uncertainties, as well as assumptions which, if they do not fully
materialize or prove incorrect, could cause Mandiant’s results to
differ materially from those expressed or implied by such
forward-looking statements. The risks and uncertainties that could
cause Mandiant’s results to differ materially from those expressed
or implied by such forward-looking statements include failure to
satisfy any of the conditions to the completion of the proposed
sale transaction; the occurrence of any event, change or other
circumstance that could give rise to the termination of the Asset
Purchase Agreement for the proposed sale transaction; and general
market, political, economic, and business conditions, as well as
those risks and uncertainties included under the captions “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” in Mandiant’s Form 10-Q filed
with the Securities and Exchange Commission on August 9, 2021,
which should be read in conjunction with these financial results
and is available on the Investor Relations section of Mandiant’s
website at investors.mandiant.com and on the SEC website at
www.sec.gov. All forward-looking statements in this press release
are based on information available to the company as of the date
hereof, and Mandiant does not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made,
except as required by law.
© 2021 Mandiant, Inc. All rights reserved. Mandiant is a
registered trademark of Mandiant, Inc. in the United States and
other countries. All other brands, products, or service names are
or may be trademarks or service marks of their respective
owners.
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