FireEye acquires Mandiant in $1bn deal
From: BBC/News
Cyber security company FireEye has acquired Mandiant, a firm known for responses to network breaches, in a deal worth more than $1bn (£608m).
Mandiant rose to prominence last year after it alleged that a secretive branch of China’s military had stolen data from more than 100 global firms.
The deal, one of the largest ones in the sector recently, comes amid increased worries over cyber security.
FireEye shares rose 24% in after hours trading in New York on the deal.
The companies said they had agreed the deal on 30 December, but only made it public on Thursday after close of US markets.
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