Security Company FireEye Documents for Initial Public Offering - 0 views
started by Schneider Delgado on 09 Aug 13
started by Schneider Delgado on 09 Aug 13
Start a New Topic » « Back to the Become a Concession Vendor group
FireEye was commenced by technologist Ashar Aziz back 2004. His information in the security business helped him view an important issue in the space: Signature-based systems may fundamentally be useless. One major argument is that the look of modern systems like virtualization, the cloud, social media and smartphones allows many new access points for worms and spyware.
Also, the perpetrators are no longer just individual hackers, they are often legal businesses and even nation states!!
In accordance with FireEye's S-1:.
' [The] highly-sophisticated cyber-attacks consistently bypass old-fashioned signature-based defenses by introducing active, focused and stealthy spyware that penetrates defenses in multiple phases and through multiple entry points of an IT network.' . It is scary stuff. To discover additional info, people are asked to gaze at: privacy. FireEye has built a digital machine-based security system to fight-back. It operates in uses and real-time next-generation systems and advanced heuristic algorithms. For the most part, FireEye detects a threat in early stages and manages it with little disruption to your company's network. The software could be started within only a few hours.
FireEye has has snapped up several consumers, which now total over 1000, as should be no surprise. They span across more than 40 countries and contain over 125 of the Fortune 500.
From 2010 to 2012, profits increased from $11.8 million to $83.3 million. During that period, though, the losses climbed from $9.5 million to $35.8 million. But keep in mind that FireEye has determined greatly in building a strong foundation for ongoing hyper-growth.
The company even offers a top-notch executive staff. In November 2012, it retained the services of David DeWalt as Ceo. In 2007, he light emitting diode a recovery of McAfee and then sold the company to Intel in 2011 for $7.7 million. I learned about visit by browsing Yahoo. Prior to this, he served as an executive at Documentum and EMC.
And yes, the time looks spot-on to get a FireEye IPO. Navigating To fireye s1 likely provides suggestions you should give to your cousin. Just a couple of weeks ago, Cisco decided to spend over $2 million for protection operator Sourcefire. Consequently, the deal has kindled news that other brilliant technology organizations, like IBM, Microsoft and Oracle, will ramp-up their M&An as well.
Safety IPOs also have performed well, what's more. Between the standouts is Imperva, which is up almost 200 % since its presenting in 2011. Dig up further on this affiliated essay by visiting fireeye malware security.
In light of all this, the FireEye IPO may have its faults. It is quite a good odds that Fireye can light up professionals' wallets.
FireEye was founded by engineer Ashar Aziz in 2004. FireEye has built a digital machine-based security system to fight-back. For the most part, FireEye detects a threat in early stages and protects it with little disruption into a company's network. Keep in mind that FireEye has invested heavily in developing a strong base for continuing hyper-growth.
And yes, the time looks spot-on to get a FireEye IPO.