All the latest UK technology news, reviews and analysis

FireEye pays $1bn for Chinese APT hacker trackers Mandiant

03 Jan 2014
fireeye logo

FireEye has acquired security firm Mandiant in a $1bn deal that is designed to offer its customers improved protection against advanced cyber attacks.

The deal is a notable coup for FireEye as Mandiant hit the headlines last year when it reported linking over 141 advanced cyber attacks on Western companies to a Chinese military unit based in Shanghai's Pudong district in 2013.

The acquisition will see FireEye integrate Mandiant's existing endpoint threat detection and response technologies into its Oculus threat prevention platform. The deal follows a wider partnership by FireEye and Mandiant. In April 2012 Mandiant became a strategic alliance partner of FireEye.

Chief executive of FireEye, David DeWalt, said the combination of technologies will help it offer a raft of key services to companies that are facing an increasing number of advanced threats targeting their systems.

"Organisations today are faced with knitting together a patchwork of point products and services to protect their assets from advanced threats," said DeWalt.

"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 deal will see Mandiant's founder and chief executive officer, Kevin Mandia, become senior vice president and chief operating officer of FireEye.

The deal follows signs that the cyber threat facing businesses will escalate in 2014. In December, widespread reports claimed the Israeli and Saudi Arabian governments are working to create a new, even more destructive variant of the notorious Stuxnet malware.

Already in 2014, both Snapchat and Skype have been hit by hackers, as the risks posed to firms of all sizes and in all sorts of industries, continues to escalate.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Alastair Stevenson

Alastair has worked as a reporter covering security and mobile issues at V3 since March 2012. Before entering the field of journalism Alastair had worked in numerous industries as both a freelance copy writer and artist.

View Alastair's Google+ profile

More on Security
What do you think?
blog comments powered by Disqus

Windows 7 end of mainstream support

What are your plans for when Microsoft ends mainstream support for Windows 7 in January 2015?

Popular Threads

Powered by Disqus
LG G3 in gold black and white

LG G3 vs Galaxy S5 video

We pit the two Korean firms' flagship smartphones against each other

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Java Developer - Finance Software Consultancy

Java Developer / Java JEE Consultant (Java JEE RDBMS...

IT Support Assistant - Urgent

IT Support Assistant - Rochdale / Bury / Oldham / Manchester...

Sharepoint Architect | Sharepoint 2013 | Sharepoint 2010

SharePoint Architect required with experience of concepts...

Project Support Officer - Planning, Reporting

My client has an urgent requirement for an experienced...
To send to more than one email address, simply separate each address with a comma.