Protection Agency FireEye Files for Initial Public Offering - 0 views
started by Brennan Magnusson on 01 Oct 13
started by Brennan Magnusson on 01 Oct 13
started by Brennan Magnusson on 01 Oct 13
started by Brennan Magnusson on 01 Oct 13
FireEye was started by engineer Ashar Aziz in 2004. His expertise in the security industry helped him visit a major problem within the space: Signature-based practices will eventually be limited. One large cause is the fact that the introduction of innovative technologies like the cloud, social media, virtualization and cellphones enables many new entry points for infections and spyware.
Moreover, the perpetrators are no longer just individual hackers, they're frequently criminal organizations and even nation states!!
FireEye has assembled a virtual machine-based security system to react. For the most part, FireEye places a threat in the early steps and protects it with minor disruption into a corporation's network.
As should be no wonder, FireEye has has snapped up many consumers, which now total over 1,000. They include over 125 of the Fortune 500 and span across more than 40 countries.
From 2010 to 2012, profits surged from $11.8 million to $83.3 million. During that interval, though, the losses climbed from $9.5 million to $35.8 million. Bear in mind that FireEye has invested heavily in building a strong foundation for continued hyper-growth. Identify extra information on an affiliated link - Click here: fireeye going public.
The business also has a superb leadership team. In November 2012, it retained the services of David DeWalt as Ceo. Take into account that, in 2007, he led a turn-around of McAfee and then sold the company to Intel in 2011 for $7.7 billion. Prior to this, he served as an executive at EMC and Documentum.
And yes, the moment seems spot-on to get a FireEye IPO. Just a couple weeks ago, Cisco agreed to shell out over $2 billion for security driver Sourcefire. As a result, the offer has kindled rumor that other mega tech businesses, like Oracle, Microsoft and IBM, will ramp-up their M&An as well.
What's more, protection IPOs have also done well. One of the standouts is Imperva, which will be up almost 200 % since its giving in 2011.
In light of all this, the FireEye IPO could have its faults. To get another interpretation, please consider having a glance at: fireeye ipo. But it is a good guess that Fireye will light up people' pocketbooks.
FireEye was founded by engineer Ashar Aziz back 2004. In case you need to learn supplementary resources on fireye s1, there are many databases you might consider investigating. 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 creating a strong basis for continuing hyper-growth.
And yes, the time looks spot-on to get a FireEye IPO.