Symphony Technology Group
Company type | Private company |
---|---|
Headquarters | Menlo Park, California, U.S.[1] |
Website | www |
Symphony Technology Group (STG) is an American
Investments
The company has investments in the following companies:[2]
- Connexity (formerly Shopzilla)
- eProductivity Software (Split from EFI)
- Erecruit (formerly Bond International Software / TempBuddy / Erecruit)[3]
- Evidera
- Symphony Talent
- Jobrapido
- AFS Technologies
- First Advantage
- Iptor (formerly International Business Systems)
- ImpactRX
- IRI(formerly SymphonyIRI)
- FireEyeProducts)
- MSC Software
- Dodge Data & Analytics
- Poplicus
- Source Healthcare Analytics
- SUMMIT Software Inc.
- Symphony RetailAI, containing the business units Symphony EYC and Symphony GOLD (from the acquisition of Aldata and EYC)
- Symphony Advanced Media
- Winshuttle
- RSA Security
- Avid Technology
Acquisitions
STG acquired McGraw-Hill Construction from
On February 17, 2020, Dell Technologies sold its RSA Security business to a group led by STG in an all-cash transaction for $2.075 billion.[7]
In March 2021, STG acquired McAfee Enterprise for $4 billion.[8] On June 2, 2021, FireEye announced the sale of key software technologies to Symphony for $1.2 billion, while retaining the services business under the Mandiant name. FireEye bought Mandiant for around the same price.[9] On January 18, 2022, Symphony announced the launch of Trellix, an extended detection and response company, which is a combination of FireEye and the McAfee enterprise business.[10] In January 2022, STG announced the McAfee Enterprise security service edge (SSE) business would operate as a separate company to be known as Skyhigh Security. The cloud security company is headquartered in San Jose, California, and led by CEO Gee Rittenhouse.[11]
On January 5, 2022,
On July 7, 2023, Wrike announced it was being acquired by STG for an undisclosed amount.
On August 10, 2023, STG announced it was acquiring Avid (a Burlington, Mass.-based company that makes Sibelius, Pro Tools, Media Composer, and other products for the audio, video, and media industries) in a $1.4 billion deal.
Divestments
- Harman International Industries in 2015.[14]
References
- ^ a b "Company website". Retrieved 2022-04-11.
- ^ "Portfolio". Symphony Technology Group. Retrieved 2021-06-03.
- ^ "Erecruitâ„¢, Bond International Software and TempBuddy Combine Under the Erecruit Name Bringing Together the Industry's Most Complete Global Staffing Solutions". Cision PR Newswire. 2018-01-16.
- ^ Staley, Eddie (September 22, 2014). "McGraw Hill Financial To Sell McGraw Hill Construction To Symphony Technology Group For $320M In Cash". Benzinga. Retrieved April 30, 2015.
- ^ McGraw Hill Sells ENR and Construction Group to Equity Investor
- ^ Maidenberg, Micah (December 14, 2014). "Best year since 2008 for construction industry". Crain's Chicago Business.
Dodge Data & Analytics, a data provider formerly known as McGraw-Hill Construction
- ^ "Dell Sells RSA to Consortium Led by Symphony Technology Group". techcrunch.com. 18 February 2020. Retrieved February 15, 2022.
- ^ "McAfee Enterprise and FireEye are now called Trellix". zdnet.com. Retrieved February 15, 2022.
- ^ "FireEye Announces Sale of FireEye Products Business to Symphony Technology Group for $1.2 Billion". FireEye. 2021-06-02.
- ^ "McAfee Enterprise and FireEye combo is now Trellix". itworldcanada.com. 27 January 2022. Retrieved February 15, 2022.
- ^ "McAfee Enterprise cloud security biz relaunches as Skyhigh". venturebeat.com. 22 March 2022. Retrieved July 12, 2022.
- ^ https://www.prnewswire.com/in/news-releases/eproductivity-software-becomes-an-independent-company-after-being-acquired-by-symphony-technology-group-stg-from-electronics-for-imaging-efi--818728536.html, Archived 2022-01-05 at the Wayback Machine
- ^ Mathews, Eva (13 March 2023). "SurveyMonkey owner Momentive Global to be taken private in $1.5 bln deal". Reuters.
- ^ "Harman acquires Romesh Wadhwani group's Symphony Teleca for $780mn". Business Standard. January 24, 2015.