Global investment firm Marlin Equity Partners has entered into a definitive agreement to acquire Fidelis Cybersecurity Solutions from General Dynamics.
Set to create an independent advanced threat defense company that will be named “Fidelis Cybersecurity”, it will combine its product portfolio with its incident response team and threat research team. 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 Fidelis Cybersecurity.
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 cyber security 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.”