The search engine and technology giant Google has announced acquiring Mandiant, Inc. for $5.4 billion. For your information, Mandiant is a United States-based leading provider of cybersecurity and threat intelligence.
According to a joint press release issued by Mandiant and Google, Mandiant will be integrated into the Google Cloud unit.
Founded in 2004 by Kevin Mandia, a former United States Air Force officer; Mandiant rose to fame after it published a report that accused the Chinese government and People’s Liberation Army’s Shanghai-based hacking unit of carrying out large-scale cyber espionage against companies in the United States. The 76 pages report can be accessed here .
In December 2013, Mandiant was acquired by FireEye for $1 billion, which sold it to Symphony Technology Group for $1 billion in June 2021. As of now, Mandiant has cyber security professionals in 22 countries, who serve customers located in 80 countries.
“The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution,” said Thomas Kurian, CEO of Google Cloud. “We believe this acquisition creates incredible value for our customers and the security industry at large. Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats.”
Expert Comments
“The power of stronger partnerships across the cybersecurity ecosystem is critical to driving value for clients and protecting industries around the globe. The combination of Google Cloud and Mandiant and their commitment to multi-cloud will further support increased collaboration, driving innovation across the cybersecurity industry and augmenting threat research capabilities. We look forward to working with them on this mission.” – Paolo Dal Cin, Global Lead, Accenture Security.
“Google’s acquisition of Mandiant, a leader in security advisory, consulting and incident response services will allow Google Cloud to deliver an end-to-end security operations suite with even greater capabilities and services to support customers in their security transformation across cloud and on-premise environments.” – Craig Robinson, Research VP, Security Services, IDC.
“Bringing together Mandiant and Google Cloud, two long-time cybersecurity leaders, will advance how companies identify and defend against threats. We look forward to the impact of this acquisition, both for the security industry and the protection of our customers.”
– Andy Schworer, Director, Cyber Defense Engineering, Uber.
In conclusion, Google’s acquisition of Mandiant is a strong move that will bolster the company’s position in the cyber security and cloud computing market. With Mandiant’s expertise in security and incident response, Google will be able to offer even more comprehensive and secure solutions to its customers. This is good news for businesses and consumers alike who rely on Google for their needs.
RELATED NEWS
- Microsoft to buy GitHub for $7.5 billion
- Despite DDoS attack, Dyn Clinches Acquisition Deal with Oracle
- Israeli firm Kape Technologies buys ExpressVPN raising privacy concerns
- Israeli firm buys Private Internet Access (PIA) VPN raising privacy concerns
