FireEye’s Market Value Increases Considerably Following Mandiant Acquisition


FireEye's decision to acquire Mandiant has been a great move

FireEye’s acquisition of Mandiant for $1 billion (€730 million) has been a clever move. The IT security solutions provider’s market value increased by around $1.7 billion (€1.25 billion) at the end of last week after the company’s shares rose by close to 35% ($55.33 / €40.67 per share on the NASDAQ).

According to Reuters, analysts predict that the deal will increase FireEye’s 2014 revenue by around $150 million (€110 million). The firm’s market value has already doubled since September when it went public.

Experts believe that the example set by Cisco when it bought Sourcefire Inc for $2.7 billion (€2 billion) last summer might be followed by other big players. Another similar acquisition is the one of Israel-based Trusteer by IBM.

Mandiant and FireEye are confident that their customers will greatly benefit from the acquisition because the solutions they offer complement each other.

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