Google Completes $5.4 Million Acquisition of Cybersecurity Firm Mandiant

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THE BHARAT EXPRESS NEWS INSURANCE NEWS
THE BHARAT EXPRESS NEWS INSURANCE NEWS

Google said today that it has completed its acquisition of Mandiant, Inc. has completed. Mandiant will join Google Cloud and keep the Mandiant brand, Google said.

Alphabet’s Google said the acquisition will enable Google Cloud and Mandiant to deliver an end-to-end security operations suite with even greater capabilities to support customers in their cloud and on-premise environments.

When the March deal was announced, analysts said it could cause a “ripple effect” from cloud providers buying cybersecurity companies.

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Google Boosts Cloud Security With $5.4 Billion Mandiant Deal

“The completion of this acquisition enables us to deliver a comprehensive and best-in-class cybersecurity solution,” said Thomas Kurian, CEO of Google Cloud, in a statement. “We believe this acquisition creates incredible value for our customers and the security industry in general. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves and detect and respond to threats.”

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Organizations today face cybersecurity challenges that have increased in frequency, severity and diversity, creating a global security imperative, Google said. Enterprises need to be able to quickly detect and respond to malicious actors with actionable threat intelligence to continuously protect their organizations from new attacks.

“Mandiant is driven by a mission to secure every organization against cyber threats and have confidence in their readiness,” said Kevin Mandia, CEO of Mandiant. “The combination of 18 years of threat intelligence and incident response experience with Google Cloud’s security expertise offers an incredible opportunity to deliver at the speed and scale the security industry needs.”

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subjects
Mergers & Acquisitions Cyber

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