McAfee/FireEye merger completed, CEO says automation only way forward for cybersecurity

From zdnet.com

McAfee Enterprise and FireEye completed their merger on Friday, closing the $1.2 billion, all cash transaction that merges the two cybersecurity giants. 

FireEye announced the sale of its FireEye Products business to a consortium led by Symphony Technology Group (STG) in July, separating the company’s network, email, endpoint and cloud security products from Mandiant’s software and services. 

In March, McAfee sold its enterprise security business to STG in a deal worth $4 billion, paving the way for the two to be merged. 

The two companies now boast a combined customer base of 40,000, about 5,000 employees and almost $2 billion in revenue. 

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