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STG Partners Symphony Technology Group

Company

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Assets

+ STG Partners (Symphony Technology Group)

Symphony Technology Group (STG Partners) is an American private investment company based in Palo Alto, California.

History

2022

Creation of Skyhigh Securit based on assets McAfee

In mid-March 2022, Symphony Technology Group (STG) launched a new portfolio company, Skyhigh Security, which includes services that were previously available under McAfee Enterprise SSE. More details here.

Creation of Trellix, combining the assets and technologies of McAfee Enterprise and FireEye

The investment firm Symphony Technology Group on January 19, 2022 announced the creation of Trellix, which will combine the assets and technologies of the IB firms McAfee Enterprise and FireEye, purchased by STG last year. More details here.

2021

Completion of the acquisition of the company FireEye

On October 12, 2021, McAfee Enterprise and FireEye announced that Symphony Technology Group ("STG") completed the acquisition of FireEye totaling $1.2 billion. With the completion of this transaction, McAfee Enterprise and FireEye are merged into one company. More details here.

Complete the acquisition of McAfee Enterprise Business Protection

On July 28, 2021, the venture capital company Symphony Technology Group (STG) informed TAdviser that the consortium headed by it closed a deal to acquire the McAfee 's corporate business protection unit. More details here.

Buying Mandiant IB Solutions Business

In early June 2021, FireEye announced the sale of its IBM business to a consortium led by private investment company Symphony Technology Group (STG) for $1.2 billion. It is assumed that the transaction will be closed by the end of the fourth quarter of 2021. More details here.

Purchase of Corporate Information Protection McAfee

McAfee Corporation announced the sale of its corporate information protection unit to the venture capital firm Symphony Technology Group. This was announced on March 8, 2021 by Business Wire. More details here.

2020: Purchase of RSA Security for $2 billion

On February 18, 2020, it became known about the sale of RSA Security, which was previously owned by Dell Technologies, to the private investment fund STG Partners. First, The Wall Street Journal (WSJ) reported on the upcoming deal, citing informed sources, and then confirmation appeared on the official website of STG Partners. More details here.

Notes