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Concept
Trellix
Summary
Trellix (formerly FireEye and McAfee Enterprise) is a privately held cybersecurity company founded in 2022. It has been involved in the detection and prevention of major cybersecurity attacks.
It provides hardware, software, and services to investigate cybersecurity attacks, protect against malicious software, and analyze IT security risks.
In March 2021, Symphony Technology Group (STG) announced its acquisition of McAfee Enterprise in an all-cash transaction for US1.2bn. STG combined FireEye with its acquisition of McAfee's enterprise business to launch Trellix, an extended detection and response (XDR) company. Meanwhile, McAfee Enterprise's security service edge (SSE) business would operate as a separate company to be known as Skyhigh Security.
FireEye was founded in 2004 by Ashar Aziz, a former Sun Microsystems engineer. FireEye's first commercial product was not developed and sold until 2010. That same year, FireEye expanded into the Middle East. This was followed by the opening of new offices in the Asia Pacific in 2010, Europe in 2011 and Africa in 2013.
Initially, FireEye focused on developing virtual machines to download and test internet traffic before transferring it to a corporate or government network. The company diversified over time, in part through acquisitions.
In December 2012, founder Aziz stepped down as CEO and former McAfee CEO David DeWalt was appointed to the position. DeWalt was recruited to prepare the company for an initial public offering (IPO). The following year, FireEye raised an additional 85M. In late 2013, FireEye went public, raising $300M. FireEye remained public until 2021.
At the time, FireEye was growing rapidly. It had 175 employees in 2011, which grew to 900 by June 2013. Revenues multiplied eight-fold between 2010 and 2012.
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