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FireEye Acquires Mandiant To Provide Complete Suite Of Cyber Security Solutions

Cal Biesecker By
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FireEye Acquires Mandiant To Provide Complete Suite Of Cyber Security Solutions
FireEye Chairman and CEO David DeWalt. Photo: FireEye.

FireEye [FEYE] on Thursday afternoon said it has acquired Mandiant in a deal valued at $1 billion, creating a cyber security firm with a comprehensive range of solutions and managed services for commercial and government customers. FireEye, which is based in California, said it closed the acquisition on Dec. 30, 2013, paying $106.5 million in cash and the rest in stock. Combined with Mandiant, FireEye expects its sales in 2014 to be between $400 million and $410 million versus between…

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