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Cybersecurity Merger Ups FireEye's Stock Price

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Cybersecurity Merger Ups FireEye's Stock Price

Business

Cybersecurity Merger Ups FireEye's Stock Price

Cybersecurity Merger Ups FireEye's Stock Price

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  • <iframe src="https://www.npr.org/player/embed/259346602/259346603" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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In a $1 billion deal, FireEye acquires Mandiant, which gained fame last year for linking cyberattacks to a Chinese military unit.

DAVID GREENE, HOST:

NPR's business news begins with securing cyberspace.

(SOUNDBITE OF MUSIC)

GREENE: All right, we're talking about a $1 billion deal here. The cybersecurity company FireEye has bought Mandiant. Mandiant gained some fame last year. They exposed a secretive branch of the Chinese military that was hacking into the computer networks of over 100 multinational companies.

These two companies appear to be a good marriage. FireEye detects and prevents cyber threats. Mandiant's main expertise is stepping in and plugging the hole when there is a security breach.

The merger brought a big jump in FireEye's stock price in trading yesterday.

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