Symphony Technology Group
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Symphony Technology Group
Symphony Technology Group (STG) is an American private equity firm based in Menlo Park, California. Its Chairman and CEO is Dr. Romesh Wadhwani, who founded the firm in 2002. Investments The company has investments in the following companies: Acquisitions STG acquired McGraw-Hill Construction from McGraw-Hill Financial for US$320 million on September 22, 2014. The acquisition includes Engineering News-Record, Architectural Record, Dodge and Sweet's. McGraw-Hill Construction has been renamed Dodge Data & Analytics. 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. In March 2021, STG acquired McAfee Enterprise for $4 billion. 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. On January 18, 2022, Symphony announced the l ...
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Menlo Park, California
Menlo Park is a city at the eastern edge of San Mateo County within the San Francisco Bay Area of California in the United States. It is bordered by San Francisco Bay on the north and east; East Palo Alto, Palo Alto, and Stanford to the south; and Atherton, North Fair Oaks, and Redwood City to the west. It is one of the most educated cities in California and the United States; nearly 70% of residents over 25 have earned a bachelor's degree or higher. It had 33,780 residents at the 2020 United States Census. It is home to the corporate headquarters of Meta, and is where Google, Roblox Corporation and Round Table Pizza were founded. Its train station holds the record as the oldest continually operating train station in California. Toponym "Menlo" is derived from Menlo (the anglicized spelling of Irish Gaelic 'Mionloch', meaning 'small lake') in County Galway, Ireland. The name "Menlo Park" was given to a ranch purchased by Irish settlers in honor of their home village in Ire ...
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Architectural Record
''Architectural Record'' is a US-based monthly magazine dedicated to architecture and interior design. "The Record," as it is sometimes colloquially referred to, is widely-recognized as an important historical record of the unfolding debates in architectural practice, history and criticism in the 20th-century United States. The magazine is currently published by BNP Media. Throughout its 125 years in print, ''Architectural Record'' has engaged readership among architecture, engineering, and design professionals through articles showcasing noteworthy architectural project around the world. News, commentary, criticism, and continuing-education sections outline the scope of content. Of note are the glossy, high-quality photos of featured projects, which makes the magazine wider readership outside of just those working in the design professions. Organization and history ''Architectural Record'' began publication in 1891 by Clinton W. Sweet, who also published the ''Real Estate Record ...
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Financial Services Companies Established In 2002
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessmen ...
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Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ...
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Harman International Industries
Harman International Industries, commonly known as Harman (stylized in all-uppercase as HARMAN), is an American audio electronics company. Since 2017, the company has been an independent subsidiary of Samsung Electronics. Headquartered in Stamford, Connecticut, US, Harman maintains major operations in the Americas, Europe and Asia. Harman markets its products under various brands, including AKG, AMX, Arcam, Bang & Olufsen Automotive, Becker, BSS Audio, Crown, dbx, DOD Electronics, DigiTech, Harman Kardon, Infinity, JBL, Lexicon, Mark Levinson, Martin, Revel, Soundcraft and Studer. Early history Sidney Harman and Bernard Kardon founded the predecessor to Harman International, Harman Kardon, in 1953. Both Harman and Kardon were engineers by training and had worked at the Bogen Company, which was a manufacturer of public address systems. They developed high-fidelity audio together. Harman bought out his partner in 1956 and then expanded Harman Kardon into an audio powerhou ...
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Symphony Teleca
Harman Connected Services, often abbreviated to HCS, is an American subsidiary of Samsung Electronics through Harman International Industries. The Connected Services Division supplies software services to the mobile communications industry. HCS is a technologies company leader in Cloud, Mobile, Analytics Capabilities, Design, and Software Services. Harman has a workforce of approximately 30,000 people across the Americas, Europe, and Asia. On January 22, 2015, Harman acquired Symphony Teleca from the Symphony Technology Group. The deal was valued at US$780 million. Symphony Telca was subsequently integrated and rebranded as Harman Connected Services and, in March 2017, Harman became a wholly owned subsidiary of Samsung Electronics. History Early history Teleca was founded in 1992 by a team of software engineers, based in Manchester. Over the coming years, Teleca's telecom software was utilized by Motorola, Racal, Digital, GEC, Hewlett-Packard, Psion, and Siemens. The presence in ...
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Trellix
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 cyber 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 $4.0 billion. STG completed the acquisition of McAfee’s Enterprise business in July 2021 with plans for re-branding. In June 2021, FireEye sold its name and products business to STG for $1.2 billion. 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. History FireEye was founded in 2004 by Ashar Az ...
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Mandiant
Mandiant is an American cybersecurity firm and a subsidiary of Google. It rose to prominence in February 2013 when it released a report directly implicating China in cyber espionage. In December 2013, Mandiant was acquired by FireEye for $1 billion, who eventually sold the FireEye product line, name, and its employees to Symphony Technology Group for $1.2 billion in June 2021. In March 2022, Google announced that it would acquire the company for $5.4billion and integrate it into its Google Cloud division, with the firm becoming fully incorporated in September 2022. Founding Kevin Mandia, a former United States Air Force officer who serves as the company's chief executive officer, founded Mandiant as Red Cliff Consulting in 2004 before rebranding to its current name in 2006. In 2011, Mandiant received funding from Kleiner Perkins Caufield & Byers and One Equity Partners to expand its staff and grow its business-to-business operations, providing incident response and general s ...
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McAfee
McAfee Corp. ( ), formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California. The company was purchased by Intel in February 2011, and became part of the Intel Security division. In 2017, Intel had a strategic deal with TPG Capital and converted Intel Security into a joint venture between both companies called McAfee. Thoma Bravo took a minority stake in the new company, and Intel retained a 49% stake. The owners took McAfee public on the NASDAQ in 2020, and in 2022 an investor group led by Advent International Corporation took it private again. History 1987–1999 The company was founded in 1987 as McAfee Associates, named for its founder John McAfee, who resigned from the company in 1994. McAfee was incorporated in the state of Delaware in 1992. In 1993, McAfee stepped d ...
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Dell Technologies
Dell Technologies Inc. is an American multinational technology company headquartered in Round Rock, Texas. It was formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC). Dell's products include personal computers, servers, smartphones, televisions, computer software, computer security and network security, as well as information security services. Dell ranked 35th on the 2018 Fortune 500 rankings of the largest United States corporations by total revenue. Current operations Approximately 50% of the company's revenue is derived in the United States. Dell operates under two divisions: * Dell Client Solutions Group (48% of fiscal 2019 revenues) – produces desktop PCs, notebooks, tablets, and peripherals, such as monitors, printers, and projectors under the Dell brand name * Dell EMC Infrastructure Solutions Group (41% of fiscal 2019 revenues) – servers, storage, and networking Dell divested its ownership in Boomi, VM ...
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Engineering News-Record
''Engineering News-Record'' (widely known as ''ENR'') is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry. It is owned by BNP Media. The magazine's subscribers include contractors, project owners, engineers, architects, public works officials and industry suppliers. It covers the design and construction of high-rise buildings, stadiums, airports, long-span bridges, dams, tunnels, power plants, industrial plants, water and wastewater projects, and toxic waste cleanup projects. It also covers the construction industry's financial, legal, regulatory, safety, environmental, management, corporate and labor issues. ''ENR'' annually ranks the largest contractors and design firms in the U.S. and internationally. Its "construction economics" section covers the cost fluc ...
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Private Equity Firm
A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital. Often described as a financial sponsor, each firm will raise funds that will be invested in accordance with one or more specific investment strategies. Typically, a private equity firm will raise pools of capital, or private-equity funds that supply the equity contributions for these transactions. Private equity firms will receive a periodic management fee as well as a share in the profits earned (carried interest) from each private-equity fund managed. Private equity firms, with their investors, will acquire a controlling or substantial minority position in a company and then look to maximize the value of that investment. Private-equity firms generally receive a return on their investme ...
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