FireEye Buys in Virginia... Again
The DC region is a hub for cybersecurity expertise and one California company’s recent acquisitions show it's also a good place to shop.
FireEye has scooped up another Virginia tech company. nPulse Technologies, a network forensics firm in Charlottesville Va., will help offer a “flight recorder” for security analytics. FireEye will pay $60M in cash for the private company, which also has Va. offices in Chantilly and Landsdowne, and issue $10M in stock once certain milestones are met. FireEye chairman David DeWalt says the companies can now offer a single platform to provide attack information to remediate threats. The two had announced an integration earlier this year, things went well, and the acquisition talk started. (Proper courtship isn't dead.) FireEye bought Alexandria, Va.-based Mandiant for $1B last year. FireEye had $161.6M in revenue last year, a 94% increase from 2012.
