The price represents a 2.3% premium over the company’s Monday closing stock price of $22.49.
Up until last year when it rebranded, it was known as FireEye.
The deal comes in the wake ofRussia’s invasion of Ukraine.
They’ve also speculated thatRussia could directly target the US or other NATO countriesif it feels threatened.
All of that has boosted demand for cybersecurity professionals when there’s already asignificant labor shortage in the industry.
Increasing automation will help companies get the most out of the people they do have, Mandia said.
Industry observers say there could be more deals like this ahead.
In midday trading, Mandiant shares fell 2.8% to $21.87.
