trending Market Intelligence /marketintelligence/en/news-insights/trending/SYssyNUGKr5xkc1DAeJu6g2 content esgSubNav
In This List

Report: Cybersecurity company FireEye exploring sale

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Blog

Europe: 5 key OTT trends to watch in 202

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Report: Cybersecurity company FireEye exploring sale

FireEye Inc. hired Goldman Sachs Group Inc. to advise the cybersecurity company on a potential sale, Business Insider reported, citing sources familiar with the matter.

While the talks are in early stages, private equity firms appear to be the most likely buyer after FireEye failed to gain the interest of strategic acquirers in an earlier process, source reportedly said.

The Milpitas, Calif.-based company, which has a market capitalization of just under $3 billion, lost over $67 million in the second quarter. Representatives for FireEye and Goldman declined to comment to Business Insider on the matter.

The company's stock closed 4.5% higher at $13.80 after the news broke.