Contact: Javvad Malik Scott Denne
FireEye follows up its $1bn Mandiant purchase with a smaller bite: the $60m acquisition of nPulse Technologies. In addition to the $60m in cash, FireEye is on the hook for $10m in stock for an earnout and another $10m in retention payments for the 30-employee company.
Its latest buy brings FireEye network forensics capabilities to go along with its network threat detection and the endpoint forensics it picked up with Mandiant. FireEye now joins several competitors that have built or bought network forensics, including LogRhythm, which recently announced a forensics product, and Blue Coat, which acquired Solera Networks last year (and subsequently purchased Norman Shark, which competes with FireEye’s core offering).
We would expect FireEye to keep hunting for new acquisitions. While it now has network and endpoint forensics as well as network-based threat detection, it’s missing endpoint threat detection, though it does have a partnership with Verdasys for endpoint detection. CEO Dave Dewalt has been vocal about the need to build FireEye beyond its original network detection products, and the company just raised $446m in a second public offering.
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