Safety Company FireEye Documents for Initial Public Offering - 0 views
started by Carver Clemons on 01 Sep 13
started by Carver Clemons on 01 Sep 13
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FireEye was started by technologist Ashar Aziz in 2004. His years of experience in the protection market served him spot a considerable issue in the space: Signature-based methodologies may eventually be limited. One major cause is the fact that the development of modern technologies like the cloud, social networking, virtualization and cellphones enables many new access points for malware and worms.
In addition, the criminals are no more only solo hackers, they're usually criminal organizations and even nation states!!
It is scary stuff. But FireEye has generated a virtual machine-based security system to fight back. It runs in real-time and uses next-generation technologies and high level heuristic methods. For the most part, FireEye detects a threat in the first stages and manages it with little disruption to some company's network. The software could be started within just a few hours.
As must be no surprise, FireEye has has purchased several consumers, which now total over 1,000. They contain over 125 of the Fortune 500 and span across more than 40 countries.
From 2010 to 2012, revenues increased from $11.8 million to $83.3 million. Throughout that time, nevertheless, the losses climbed from $9.5 million to $35.8 million. But bear in mind that FireEye has invested heavily in creating a strong groundwork for continued hyper-growth.
The company also offers a top-notch management group. In 2007, he led a turnaround of McAfee and then sold the business to Intel in 2011 for $7.7 billion. Get further on fireeye ipo price by visiting our dazzling URL.
And yes, the timing seems spot-on to get a FireEye IPO. Just a couple months ago, Cisco consented to spend over $2 billion for security operator Sourcefire. Because of this, the deal has started buzz that other mega computer companies, like IBM, Microsoft and Oracle, will ramp-up their M&A.
What is more, safety IPOs have done well. Between the standouts is Imperva, that is up almost 200 % since its offering in 2011.
In light of this, the FireEye IPO might have its flaws. It is a pretty good odds that Fireye may light up investors' accessories.
FireEye was established by engineer Ashar Aziz in 2004. FireEye has generated a virtual machine-based security system to react. For the most part, FireEye detects a threat in early stages and protects it with little disruption to your company's network. Keep in mind that FireEye has invested heavily in building a strong foundation for continuing hyper-growth.
And yes, the time looks spot-on to get a FireEye IPO.