Google LLC today announced that it has signed a definitive agreement to acquire Mandiant Inc., a leader in dynamic cyber defense and response. The deal is an all-cash transaction valued at approximately $5.4 billion, inclusive of Mandiant’s net cash, and will see Mandiant join Google Cloud as the latter enhances its security operations suite. The acquisition is subject to customary closing conditions, including the receipt of Mandiant stockholder and regulatory approvals, and is expected to close later this year.
Mandiant acquisition complements Google Cloud’s security offering
The acquisition of Mandiant will complement Google Cloud’s existing security suite, Google said in a press release, which includes:
- BeyondCorp Enterprise for Zero Trust
- VirusTotal for malicious content and software vulnerabilities
- Chronicle’s planet-scale security analytics and automation coupled with services such as Security Command Center
- Google Cloud’s Cybersecurity Action Team.
With the addition of Mandiant, Google Cloud will enhance these offerings to deliver an end-to-end security operations suite with greater capabilities to support customers across their cloud and on-premises environments via improved advisory services, threat detection and intelligence, automation and response tools, testing and validation, and managed defense, it added.
“Organizations around the world are facing unprecedented cybersecurity challenges as the sophistication and severity of attacks that were previously used to target major governments are now being used to target companies in every industry,” commented Thomas Kurian, CEO, Google Cloud. “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.”
Since founding in 2004, Mandiant’s mission has been to combat cyberattacks and protect customers from the latest threats, added Kevin Mandia, Mandiant CEO. “Together, we will deliver our expertise and intelligence at scale via the Mandiant Advantage SaaS platform, as part of the Google Cloud security portfolio. These efforts will help organizations to effectively, efficiently, and continuously manage and configure their complex mix of security products,” he continued.
Google said it is committed to supporting the technology partners of both companies, including the endpoint ecosystem, with the acquisition enabling system integrators, resellers, and managed security service providers to offer broader solutions to customers.
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