FireEye, Inc. has announced that it has acquired Respond Software. The acquisition will enable it to tap into new market opportunities, which will allow it to deliver eXtended Detection and Response (XDR) capabilities to a broad set of customers. The transaction pertaining to the acquisition ($186 million in cash and stock) closed on November 18, 2020.
Respond Software is the creator of Respond Analyst, an XDR engine that accelerates cyber investigation and response by automating the correlation of multi-sourced attack evidence using cloud-based data science models that ingest data a comprehensive set of security technologies. The technology is all set to become an important part of the Mandiant Advantage platform.
“With Mandiant’s position on the front lines, we know what to look for in an attack, and Respond’s cloud-based machine learning productizes our expertise to deliver faster outcomes and protect more customers,” said Kevin Mandia, FireEye chief executive officer. “This creates a learning system with new capabilities that will enable us to expand our Mandiant portfolio and drive new XDR revenue through our Mandiant Advantage platform.”
In other news, FireEye has announced a $400 million strategic investment led by Blackstone Tactical Opportunities. ClearSky is joining Blackstone as a co-investor in the transaction. The investment will support the company’s strategic growth, including the acquisition of Respond Software announced today.