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Protection Company FireEye Files for IPO - 0 views

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started by Damsgaard Bird on 08 Sep 13
  • Damsgaard Bird
    #1 Damsgaard Bird on 08 Sep 13
     
    Late on Friday, Security services and products service FireEye filed the mandatory types for an Initial Public Offering. The planned ticker is FEYE (the trade has not been chosen yet) and the major underwriters include Goldman Sachs, Morgan Stanley, JPMorgan and Barclays.

    FireEye was started by engineer Ashar Aziz in 2004. His understanding within the security business helped him observe a substantial problem within the space: Signature-based programs will ultimately be useless. One big reason is that the introduction of new technologies like social media, the cloud, virtualization and mobile phones will allow many new entry points for malware and infections.

    More over, the thieves are no longer only individual hackers, they are usually criminal organizations and even nation states!!

    FireEye has assembled a virtual machine-based security system to fight back. For the most part, FireEye locates a risk in the initial stages and takes care of it with small interruption to an enterprise's network.

    As should be no surprise, FireEye has has snapped up several customers, which now aggregate over 1,000. They contain over 125 of the Fortune 500 and span across more than 40 countries.

    From 2010 to 2012, sales increased from $11.8 million to $83.3 million. Throughout that interval, though, the losses climbed from $9.5 million to $35.8 million. But keep in mind that FireEye has invested heavily in building a strong framework for extended hyper-growth.

    The organization even offers a top-notch management group. Navigate to this link fireeye ipo price to discover why to think over it. To learn additional information, consider taking a gander at: fireye s1. In 2007, he led a transformation of McAfee and then sold the company to Intel in 2011 for $7.7 million.

    And yes, the timing seems spot-on to get a FireEye IPO. Just a couple months ago, Cisco agreed to shell out over $2 billion for security agent Sourcefire. Therefore, the deal has triggered news that other super technology businesses, like Oracle, Microsoft and IBM, will ramp-up their M&A too.

    What is more, security IPOs have done well. One of many standouts is Imperva, which can be up almost 200 since its presenting in 2011.

    In light of this, the FireEye IPO could have its drawbacks. It is a fairly good guess that Fireye can illuminate buyers' wallets.

    FireEye was created by engineer Ashar Aziz in 2004. Browse here at fireeye ipo to learn the meaning behind this thing. Be taught more on a partner website by visiting fireye ipo. FireEye has generated a digital machine-based security system to react. For the most part, FireEye detects a threat in early stages and manages it with little disruption to some company's network. Take into account that FireEye has invested heavily in building a strong foundation for continued hyper-growth.

    And yes, the timing looks spot-on to get a FireEye IPO.

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