FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “FireEye Raises USD 400 Million Investment Guided by Blackstone”
FireEye (NASDAQ: FEYE) shares gained 10% at the open after the company had announced a USD 400 million raise in an investment led by an arm of Blackstone Group Inc.
The Company stated its intent to use the proceeds on strategic growth initiatives and concurrently announced its acquisition of Respond Software on Thursday after the market closed, in a deal worth about $186 million in cash and stock.
FireEye is the intelligence-led security company. Working as a seamless, scalable extension of customer security operations, FireEye offers a single platform that blends innovative security technologies, nation-state grade threat intelligence, and world-renowned Mandiant consulting. With this approach, FireEye eliminates the complexity and burden of cyber security for organizations struggling to prepare for, prevent, and respond to cyber attacks. FireEye has over 9,600 customers across 103 countries, including more than 50 percent of the Forbes Global 2000.
For more information, please visit: FireEye, Inc.
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