Microsoft is considering buying cybersecurity company Mandiant. This was reported by Bloomberg News, citing a source familiar with the matter.

According to the source, the talks may not end in a deal.

After the announcement of a possible deal, Mandiant shares rose by more than 18%, Microsoft shares - by 1.1%.

Last year, Mandiant went on its own again when FireEye, which bought it in 2013, sold its business and the FireEye name for $1.2 billion to a consortium led by private equity firm Symphony Technology Group.

Mandiant, with a market capitalization of approximately $3.6 billion, specializes in cyber incident response and cyber security assessments.

The deal is expected to help Microsoft improve its products that protect customers from cybersecurity threats. The software giant bought two small cybersecurity companies in 2021 and said it will spend $20 billion on cybersecurity over the next five years.

bbabo.Net