Software giant Microsoft is in talks to buy cybersecurity firm Mandiant, Bloomberg News reported on Tuesday.
Mandiant became a standalone entity again last year when FireEye – which acquired the company in 2013 – sold its products business and the FireEye name for $1.2 billion to a consortium led by private-equity firm Symphony Technology Group.
Mandiant, which has a market capitalization of about $3.6 billion, focuses on cyber-incident response and cybersecurity testing.
A deal to buy Mandiant would help Microsoft beef up its products that protect its clients from cybersecurity threats. The software giant bought two smaller cybersecurity companies in 2021 and said it would spend $20 billion on cybersecurity over the next five years.
