Cooley advised Invotas International on its sale to FireEye, enabling FireEye to strengthen its global threat management and cyber detection platform. The transaction closed on February 1, 2016.
Invotas, based in Alexandria, Virginia, is the premier provider of real-time security automation and orchestration technology. Cybersecurity firm FireEye, headquartered in Milpitas, California, is the leader in protecting organizations against advanced cyber threats, data breaches and zero-day attacks. The significance of this acquisition solidifies FireEye's ability to serve as a trusted advisor on an end-to-end scale helping customers drive down time to protection through one efficient security orchestration console.
"We're confident that this is the right move at the right time for our company," said Paul Nguyen, CEO and founder of Invotas. "We couldn't have accomplished this deal without the savvy legal and business advice from the Cooley team –but most importantly they are a trusted advisor to us."
Cooley is a leading law firm in advising cybersecurity companies on their corporate transactions. In January 2016, Cooley represented iSIGHT, a cyber threat intelligence company, on its sale to FireEye for approximately $200 million. And in 2014, Cooley advised cybersecurity firm Mandiant in its $1 billion acquisition by FireEye.