Google Completes Acquisition Of Mandiant For $5.4 Billion • TechCrunch

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Google has announced that its proposed $5.4 billion bid to buy cybersecurity company Mandiant is now complete.

The internet giant first revealed plans to acquire publicly listed Mandiant back in March, less than a year after Mandiant was parted ways with former owner FireEye in a deal of $1.2 billion with private equity firm Symphony Technology Group.

Going forward, Mandiant will operate under the auspices of Google Cloud, although the Mandiant brand will continue.

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“We will retain the Mandiant brand and continue Mandiant’s mission to secure every organization against cyber threats and make them confident in their preparedness,” Google Cloud CEO Thomas Kurian wrote in a blog post.

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Mandiant Dashboard Image credit: Mandiant

As one of the “big three” public cloud providers alongside Amazon and Microsoft, Google’s big promise to potential customers is that it will keep all their data and infrastructure secure. That 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.

And that’s effectively what Google gets with Mandiant, giving it a major boost in security data collection capabilities, not to mention access to hundreds of security personnel.

“Combining Google Cloud’s existing security portfolio with Mandiant’s core cyber threat intelligence will allow us to deliver a suite of security operations to help organizations around the world stay protected at every stage of the threat lifecycle.” security,” Kurian said. “With the scale of Google’s data processing, new analytical 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 demands of our rapidly changing world. »

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