Google closes Mandiant deal
Google has announced that its proposed $5.4 billion bid to buy cybersecurity firm Mandiant is now complete.
The internet giant revealed plans to acquire publicly traded Mandiant back in March, less than a year after Mandiant was spun out of its previous owner FireEye as part of a $1.2 billion deal with private equity firm Symphony Technology Group.
Tweet on Google acquisition of Mandiant
Google closes $5.4B Mandiant deal
Google announced that its proposed $5.4 billion bid to buy cybersecurity firm Mandiant is now complete.
The internet giant revealed plans to acquire Mandiant back in March.
Now the Deal is completed as @mandiant reportshttps://t.co/xpfWhUxS4T— The_Journalbiz (@the_journalbiz) September 13, 2022
Google is considered part of “big three” public cloud providers alongside Amazon and Microsoft
Google’s big promise to would-be customers is that it will keep all their data and infrastructure secure. This means continually introducing new products to address the ever-changing threat landscape, thought it sometimes means acquiring long-established incumbents with the expertise to bolster Google’s security proposition.
“We will retain the Mandiant brand and continue Mandiant’s mission to make every organization secure from cyber threats and confident in their readiness,” Google Cloud CEO Thomas Kurian wrote in a blog post.
“With the scale of Google’s data processing, novel analytics approaches with AI and machine learning, and a focus on eliminating entire classes of threats, Google Cloud and Mandiant will help organizations reinvent security to meet the requirements of our rapidly changing world.” Kurian said.
