FireEye's New Partnership Could Help Reshape Cybersecurity
The cloud has changed everything. In just a decade, it has set off a wave of business and digital transformation. The era of services sold as a subscription is here as a result. It has made remote work outside of the office -- for better or for worse -- a reality. Companies slow to make the change are getting left behind.
That has been on grand display in the cybersecurity space. Companies that just a few years ago were Wall Street darlings have been disrupted in a big way by a wave of upstarts all born in the cloud and ready to steal business from the incumbents. One of those former darlings is FireEye (NASDAQ: FEYE), once a triple-digit revenue gainer that's more recently fallen below the average growth rate of the industry overall. The cloud has proven to be a challenging obstacle for it, but it just teamed up with iboss -- a privately-held leader in the cloud security space. This could be a game changer for both security outfits.
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Source Fool.com
