Milpitas, CA-based FireEye, Inc. announced on December 11 that the $400 million strategic investment led by funds managed by Blackstone Tactical Opportunities (“Blackstone”) has closed. Blackstone was joined by ClearSky, a cyber security-focused investment firm, as a co-investor in the transaction.
FireEye also announced that Viral Patel, a senior managing director of Blackstone, and Art Coviello, former chief executive officer of RSA Security, have been appointed to the FireEye board of directors, effective immediately.
Viral Patel, a senior managing director of Blackstone said, “We have confidence in FireEye’s long-term strategic vision and its world-class set of cyber security products and services. As a member of the Board of Directors, I look forward to partnering with management and my fellow board members to help drive the company’s future growth and build shareholder value.”
Art Coviello, former chief executive officer of RSA Security said, “FireEye and Mandiant are widely recognized for their threat intelligence and security expertise, and I am delighted to join the board. I look forward to working with Kevin and the FireEye leadership team to help them realize their vision of intelligence-driven security solutions for organizations of all sizes.”
“I am excited to welcome Viral and Art to FireEye as members of our board of directors,” said Kevin Mandia, FireEye chief executive officer. “Each brings a unique perspective on the dynamics of successful strategy and execution, and we look forward to their contributions as we pursue our transformation strategy and growth opportunities.”
Source: FireEye
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