Seeking Alpha

FireEye +5% on rumors of Cisco buyout

|About: FireEye, Inc. (FEYE)|By: , SA News Editor

FireEye (NASDAQ:FEYE) has jumped 5% amid chatter that Cisco Systems (NASDAQ:CSCO) could make an offer for the cybersecurity company.

A number of rumors suggest Cisco will engage with Goldman Sachs on a deal for FireEye.

Cisco is down 5% today after its earnings report.