Microsoft looking at buying cybersecurity firm Mandiant: report (update)
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Update 6:45pm: Mandiant declines to comment on the Microsoft speculation on its Q4 earnings call.
Microsoft (NASDAQ:MSFT) may acquire cybersecurity company Mandiant (NASDAQ:MNDT), Bloomberg reported.
Though no deal is finalized, according to a source familiar with the discussions, Microsoft may look to acquire the cybersecurity-research company to bolster its products and help protect customers from hacks and breaches.

Microsoft (MSFT) shares were up nearly 1% to $303.88 on the day, while Mandiant surged 17% to $17.67 following the report.
Mandiant CEO Kevin Mandia declined to comment on the Bloomberg report on its Q4 earnings call, citing a policy of discussing rumors or speculation.
Microsoft did not immediately return requests for comment from Seeking Alpha.
Last year, FireEye was rebranded as Mandiant and now has a market value of approximately $3.7 billion and would be the Redmond, Washington-based Microsoft's second deal in a month, after it announced its intention to acquire video game maker Activision (NASDAQ:ATVI) in January for nearly $69 billion.
Microsoft was listed as one of 25 stocks that hedge funds love to own, according to Wells Fargo.