Intelligence-led security firm FireEye yesterday announced the acquisition of Respond Computer software, a corporation that utilizes automation to aid consumers to understand and examine security incidents.
The transaction closed on November 18, 2020, and is valued at about $186m in hard cash and inventory.
FireEye mentioned that the acquisition of React Computer software will open up new market prospects to supply Prolonged Detection and Reaction (XDR) capabilities to a large variety of shoppers. Moreover, the offer will allow Mandiant Answers to scale its experience and entrance-line intelligence as portion of the Mandiant Benefit platform.
“Respond’s merchandise significantly cuts down time used investigating false positives as it connects the dots amongst siloed, multi-seller security controls in an easy-to-deploy cloud-primarily based deal,” reported Mike Armistead, Respond Software’s chief executive officer prior to the acquisition.
“Now coupled with Mandiant’s world-class danger intelligence and incident reaction skills feeding our products, customers can be self-assured the most up-to-date and suitable attack techniques and methods are identified and properly escalated.”
California-based mostly enterprise Answer is creator of the React Analyst, an XDR motor that works by using cloud-dependent knowledge-science designs to speed up cyber-investigation and response. After ingesting information from a comprehensive established of security systems, the motor automatically correlates multi-sourced attack evidence.
FireEye plans to make the XDR technology an integral component of the Mandiant Gain system, bringing seller-agnostic XDR and investigation able of integration with all client environments. The business mentioned the variations will quicken reaction times and give improved security outcomes for shoppers.
“With Mandiant’s posture on the front traces, we know what to search for in an attack, and Respond’s cloud-dependent equipment understanding productizes our knowledge to provide a lot quicker outcomes and safeguard extra prospects,” said Kevin Mandia, FireEye chief govt officer.
“This makes a discovering procedure with new capabilities that will permit us to develop our Mandiant portfolio and push new XDR earnings as a result of our Mandiant Advantage system.”
Max Gazor from CRV, who led the Reply Software’s Collection Seed spherical in 2016, commented: “Respond Software’s acquisition follows in the footsteps of other great CRV portfolio companies these kinds of as CloudGenix (acquired by Palo Alto Networks), Affirmed Networks (acquired by Microsoft), and Signal Sciences (acquired by Fastly) producing it the fourth significant acquisition in CRV’s portfolio this calendar year.”
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