GEC NEWS WIREMarlin Equity Partners (“Marlin”) has signed a definitive agreement to acquire Fidelis Cybersecurity Solutions from General Dynamics. Fidelis Cybersecurity Solutions, a part of General Dynamics Mission Systems, offers a comprehensive portfolio of products, services, and expertise to help customers combat today’s sophisticated advanced threats and to prevent data and intellectual property theft. The transaction is subject to customary closing conditions and is expected to close in Q2 2015. At that time, Peter George, who is currently president of General Dynamics Fidelis Cybersecurity Solutions, will become CEO of the new independent company, Fidelis Cybersecurity.
Fidelis’ flagship product, Fidelis XPS, is an advanced threat defense platform which is recognized by many of the largest organizations around the globe as highly effective in detecting and preventing not only initial malware infections, but also the subsequent spread of malware within organizations and the theft of information it perpetrates. Fidelis complements this solution with an elite incident response team which is on the frontline helping customers investigate breaches and stop zero days, and a threat research team conducting original research and incorporating real-time insights into Fidelis XPS.
Peter Chung, a principal at Marlin, said, “Marlin is very excited to partner with Fidelis’ world class management team to expand and grow the company’s industry-leading solutions. As global cybersecurity threats continue to become more prevalent, Fidelis’ technology is uniquely positioned to help customers defend themselves against advanced malware attacks and internal and external data theft.”
Fidelis has customers across industries, including financial services, healthcare, retail, technology, government and critical infrastructure. In addition, Fidelis has worldwide reseller and trusted advisor partners that extend its market reach and bring to bear their significant expertise to help customers succeed in their battle against cyber attackers.In the Middle East, Spectrami is an authorised distributor for Fidelis cybersecurity solutions.
