FireEye acquires Mandiant for about $1 Billion

FireEye has announced that it has acquired advanced endpoint security products and security incident response management solutions provider, Mandiant in a deal estimated at nearly $1 billion. The acquisition, which recognizes the ever-increasing intensity of cyber-attacks and follows nearly two years of collaboration, created the industry's leading advanced threat protection vendor with the ability to find and stop attacks at every stage of the attack life cycle. The transaction closed on December 30, 2013.

This powerful combination of security products and threat intelligence is enhanced by expert security consulting, incident response, and managed security services enabling organizations to improve their security posture and resolve security incidents whenever and wherever they arise.

David DeWalt, Chairman of the Board and Chief Executive Officer of FireEye, stated, "Organizations, today, are faced with knitting together a patchwork of point products and services to protect their assets from advanced threats. Together, the size and global reach of FireEye and Mandiant will enable us to innovate faster, create a more comprehensive solution, and deliver it to organizations around the world at a pace that is unmatched by other security vendors."

Mandiant expands FireEye's ability to stop advanced attacks at the earliest phases of the attack life cycle with Endpoint Threat Detection, Advanced Threat Intelligence and Incident Response and Security Consulting Services.

Mandiant will be integrated with FireEye to provide global services and cloud solutions, including security consulting, incident response, and managed services. Mandiant's endpoint threat detection and response products will be incorporated as a core element of the FireEye Oculus platform.