FireEye, leading name in cyber security stirred the market with the announcement of acquiring Mandiant for a billion dollars.
According to FireEye, the new combined entity will unify the critical components required to provide state-of-the-art cyber security: the most complete library of actionable threat intelligence on advanced threats and a product suite that can apply that intelligence to detect and prevent attacks on both the network and on endpoints.
“Organisations today are faced with knitting together a patchwork of point products and services to protect their assets from advanced threats,” said David DeWalt, chairman of the board and CEO at FireEye. “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 organisations around the world at a pace that is unmatched by other security vendors.”
The company claims that Mandiant has been a its strategic alliance partner April 2012 and now the combination of both the companies is a natural extension of this partnership and their integrated product offering, which both companies announced in February 2013.
“The combination of FireEye and Mandiant will deliver end-to-end protection and meaningful value to customers,” said Kevin Mandia, founder and CEO, Mandiant. “By joining FireEye and Mandiant, we will be able to deliver fully integrated products and services that help organizations protect themselves from attacks. The combined product portfolio will cover all the major attack points within an organisation, and our expanded services capacity will allow us to quickly pivot to incident response when necessary to reduce the impact of security breaches.”
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.