Home / M&A Activity / Marlin Closes Fidelis Cyber Business Buy; Peter George Comments

Marlin Closes Fidelis Cyber Business Buy; Peter George Comments

CyberStockMarlin Equity Partners has wrapped up the acquisition of the Fidelis Cybersecurity Solutions business from General Dynamics‘ (NYSE: GD) for an undisclosed amount.

The Los-Angeles based investment firm bought Fidelis with the intent to help that business grow its footprint in the cyber threat defense technology market, Fidelis CEO Peter George said in a statement published Monday.

Fidelis’ XPS platform is designed to detect malware, protect computers against a malicious intrusion and prevent theft of enterprise information.

The business also offers network defense and forensic services intended to help commercial and government organizations combat advanced information technology security threats.

Marlin first announced the transaction in April 2015 and said the cybersecurity firm would operate under the name of Fidelis Cybersecurity.

Check Also

Adaptas to Buy Applied Kilovolts, Analytical Instrumentation Business From L3Harris

Adaptas Solutions, an Ampersand Capital Partners portfolio company, has agreed to purchase an L3Harris Technologies subsidiary and business unit that manufacture power supplies designed for analytical equipment.

Sikorsky Books $500M Lot 2 Combat Rescue Helicopter Production Contract

The U.S. Air Force has awarded Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary a potential $500M contract to continue low-rate initial production of new combat rescue helicopters.