FireEye to acquire Verodin for $250m.

FireEye, the intelligence-led security company, announced the acquisition of Verodin, the leader in validating the effectiveness of cyber security controls. The offer values at $250m in cash and stock, net of acquired net cash and excluding assumed unvested options, based on the closing price of FireEye’s common stock on May 24, 2019. Verodin's Security Instrumentation Platform adds significant new capabilities to the FireEye portfolio by identifying gaps in security effectiveness due to equipment misconfiguration, changes in the IT environment, evolving attacker tactics, and more. “We believe there is no better way to train people and instrument better security than by continually attacking the environment and adapting security controls to real threats. Finally, organizations will have a reliable and consistent way to quantify cyber risk in a manner understandable to frontline technicians and in the Board room.” Kevin Mandia, FireEye chief executive officer.