Microsoft is reportedly exploring the acquisition of Mandiant Inc., a US-based cybersecurity firm that’s currently valued at $4.2 billion. Bloomberg reported yesterday that the two companies have been in acquisition talks, but the discussions may not lead Microsoft to make an offer.
Mandiant, formerly FireEye, Inc, was founded in 2004 and it currently specializes in helping organisations to protect themselves from cyberthreats. The company recently reported an annual revenue of $483 million of its FY2021, a number that was up 21 percent year-over-year.
According to Bloomberg, Microsoft is considering acquiring Mandiant to bolster its arsenal of security products at a time when cybersecurity threats are on the rise. Last year, Microsoft also acquired two smaller cybersecurity companies, RiskIQ and ReFirm Labs.
If Mandiant and Microsoft both declined to comment on the Bloomberg report, Mandiant CEO Kevin Mandia told CRN yesterday that “We run this company like it’s ours forever, and that’s what we’re going to do.” The news already had a positive impact on the company’s stock, though, with Mandiant shares seeing a gain of up to 26% in late afternoon trading yesterday.