Sunday , July 14 2024
Google Completes Cybersecurity Outfit, Mandiant Acquisition for $5.4 Billion

Google Completes Mandiant Cybersecurity Outfit Acquisition for $5.4 Billion

Google has completed the acquisition of Mandiant, a recognized leader in dynamic cyber defense, threat intelligence, and incident response services in an all-cash transaction valued at approximately $5.4 billion.

The acquisition of Mandiant is subject to customary closing conditions, including the receipt of Mandiant stockholder and regulatory approvals, and is expected to close later this year.

When completed, Mandiant will join Google Cloud and retain the Mandiant brand.

Google and Mandiant share a long commitment to industry-leading security. Over the past two decades, Google has innovated to build some of the most secure computing systems in the world.

Google Cloud customers and partners benefit from these pioneering security capabilities including world-class threat intelligence, zero trust architecture, and planet-scale analytics for security operations.

The firm, which is known for delivering unparalleled frontline expertise and industry-leading threat intelligence, is a proven first responder to the world’s largest cybersecurity incidents.

Mandiant’s services, delivered by their team of security and intelligence individuals spread across 22 countries, are widely recognized for helping top enterprises and organizations prepare for and react to cybersecurity incidents.

With this acquisition, Google Cloud and Mandiant will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.

Speaking on this, Mr Thomas Kurian, CEO of Google Cloud said, “The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution.

“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.”

On his part, Mr Kevin Mandia, CEO, of Mandiant said – “Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness.”

“Combining our 18 years of threat intelligence and incident response experience with Google Cloud’s security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs,” he added.

About Bukola Olanrewaju

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