Google to buy cybersecurity firm Mandiant for USD 5.4 Bn
Alphabet’s Google announced it is acquiring cybersecurity firm Mandiant in an all-cash deal valued at USD 5.4 billion. Mandiant will be integrated into Google Cloud and bolsters protection to create an “end-to-end security operations suite” after the deal is completed. Founded in 2004, Mandiant has 600 consultants and more than 300 intelligence analysts that will work with Google Cloud’s Cybersecurity Action Team to offer a range of new and improved cybersecurity services to clients. Solutions like advisory services, preemptive actions like threat detection and intelligence services, testing and validating cybersecurity controls to assess their effectiveness will be on the plate of offerings. “There has never been a more critical time in cybersecurity. Since our founding in 2004, Mandiant’s mission has been to combat cyber attacks and protect our customers from the latest threats,” said Kevin Mandia, the CEO of Mandiant. “To that end, we are thrilled to be joining forces with Google Cloud. Together, we will deliver expertise and intelligence at scale, changing the security industry.” Thomas Kurian, the CEO of Google Cloud, stated, “We look forward to welcoming Mandiant to Google Cloud to further enhance our security operations suite and advisory services, and help customers address their most important security challenges.” Google isn’t the only big tech company making a foray into cybersecurity. With an increasing number of ransomware attacks and threats to cloud security, the US government has been pushing companies to strengthen their cybersecurity. It is no surprise that Microsoft wants to enhance its cloud business, which generates more than USD 19 billion in revenue annually. Last year in September, the tech giant projected that it would spend USD 20 billion on cybersecurity within the next five years.
Solutions like advisory services, preemptive actions like threat detection and intelligence services, testing and validating cybersecurity controls to assess their effectiveness will be on the plate of offerings.
Solutions like advisory services, preemptive actions like threat detection and intelligence services, testing and validating cybersecurity controls to assess their effectiveness will be on the plate of offerings.
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Poulomi is a Technology Journalist with Analytics India Magazine. Her fascination with tech and eagerness to dive into new areas led her to the dynamic world of AI and data analytics.