Security company FireEye, who recently went public has announced its latest acquisition, nPulse Technologies for $60 million in cash and $10 million in stock.
nPulse says its services analyze networks to discover when, where and how a hack on a network occurred. According to founder Randy Caldejon, “if there is a hack, we can figure out how it happened”.
“The new reality of security is that every organization has some piece of malicious code within their network,” said David DeWalt, Chairman of the Board and Chief Executive Officer of FireEye in a statement. FireEye says that nPulse’s technology will help the company expand.
Re/Code reports on the following statement released by FireEye on its newest acquisition:
“FireEye pursues acquisition targets based on the strategic synergies that we can leverage from the acquisition. We don’t acquire based on funding. We are focused on technology, people and the market opportunity. When looking at this combination, nPulse provides a tremendous upside opportunity. We need this technology to continue our mission and we are excited with this opportunity and what it brings to the market.”