FireEye buys outfit that lifted the lid on Chinese cyber-espionage
Threat prevention firm FireEye has acquired privately held net security firm Mandiant. The cash and shares deal, announced Monday, is valued at around $1bn.
Mandiant is best known for its landmark study into the Chinese APT1 hacking crew last year, which exposed the organisation’s tactics and evidence of its links to the Chinese military.
The firm also markets endpoint security products and security incident response products and services.
FireEye, which went public late last year, will improve its “ability to find and stop attacks at every stage of the attack life cycle”, according to a statement on the deal.
Mandiant and FireEye have been technology partners since April 2012. FireEye’s virtual machine-based security products and services supply real-time, dynamic threat protection to more than 1,500 government, enterprise, and small and mid-sized customers worldwide.
The major selling point of FireEye’s technology is the ability to pick up on threats missed by conventional anti-malware tools or intrusion prevention technology. Mandiant adds incident response expertise and threat intelligence to the managed security services mix.
Mandiant will be integrated with FireEye to provide global services and cloud predicts and services, 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 threat monitoring platform. ®