Intelligence-led security firm FireEye yesterday announced the acquisition of Respond Computer software, a company that uses automation to help shoppers to comprehend and investigate security incidents.
The transaction closed on November 18, 2020, and is valued at close to $186m in funds and inventory.
FireEye claimed that the acquisition of Respond Software package will open new sector opportunities to produce Extended Detection and Response (XDR) abilities to a extensive vary of customers. Moreover, the deal will empower Mandiant Remedies to scale its expertise and entrance-line intelligence as aspect of the Mandiant Benefit platform.
“Respond’s product or service significantly minimizes time invested investigating wrong positives as it connects the dots among siloed, multi-seller security controls in an straightforward-to-deploy cloud-primarily based package deal,” stated Mike Armistead, React Software’s main govt officer prior to the acquisition.
“Now coupled with Mandiant’s environment-course threat intelligence and incident response know-how feeding our types, customers can be self-confident the most up-to-day and relevant attack tactics and approaches are identified and correctly escalated.”
California-centered corporation Answer is creator of the Answer Analyst, an XDR motor that utilizes cloud-centered information-science designs to accelerate cyber-investigation and response. Right after ingesting details from a detailed established of security technologies, the engine quickly correlates multi-sourced attack evidence.
FireEye plans to make the XDR technology an integral aspect of the Mandiant Gain platform, bringing vendor-agnostic XDR and investigation able of integration with all consumer environments. The business mentioned the modifications will quicken response periods and provide improved security outcomes for clients.
“With Mandiant’s position on the front traces, we know what to search for in an attack, and Respond’s cloud-centered machine mastering productizes our skills to produce more rapidly results and guard far more clients,” said Kevin Mandia, FireEye main executive officer.
“This generates a understanding program with new capabilities that will help us to extend our Mandiant portfolio and travel new XDR revenue by way of our Mandiant Advantage system.”
Max Gazor from CRV, who led the Answer Software’s Collection Seed round in 2016, commented: “Answer Software’s acquisition follows in the footsteps of other excellent CRV portfolio corporations this sort of as CloudGenix (acquired by Palo Alto Networks), Affirmed Networks (obtained by Microsoft), and Sign Sciences (acquired by Fastly) making it the fourth big acquisition in CRV’s portfolio this 12 months.”
Some parts of this article are sourced from:
www.infosecurity-journal.com