Merger and Acquisition

Mandiant Acquisition: Google Finally Acquires Mandiant For $5.4 Billion

Google has completed the acquisition of Mandiant, a publicly-traded American cybersecurity firm, in a $5.4 billion deal.

The leading global tech giant announced in a press release published on its Google Cloud Press Corner on Monday, September 12, 2022.

The new acquisition will see Mandiant operate under the auspices of Google Cloud, though the brand will continue to exist.

“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 disclosed.

Google’s promise to would-be customers is that it will keep all its data and infrastructure secure.

This means continually introducing new products to address the ever-changing threat landscape, though it sometimes means acquiring long-established incumbents with the expertise to bolster Google’s security proposition.

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

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.

Mandiant, 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.

The cyber security company 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.

Investors King

Share
Published by
Investors King

Recent Posts

Eko DisCo Set for Transformation as Transgrid Enerco Signs Historic 60% Acquisition Agreement

Transgrid Enerco Limited has signed a Share Purchase Agreement (SPA) to acquire a 60% equity…

30 minutes ago

Metering Gap Exceeds 7 Million Despite Multilateral Loans and Government Funds

Despite interventions by the Federal Government and multilateral lenders amounting to over N1.5 trillion, Nigeria’s…

1 hour ago

Petrol Prices Surge to N990 in Abuja, N960 in Lagos as Oil Tops $80 Per Barrel

The Nigerian National Petroleum Company Limited (NNPC) has increased the pump price of petrol at…

2 hours ago

Brent Crude at $79.38 Amid Trump’s National Energy Emergency Declaration

Oil prices remained steady on Wednesday as investors assessed the potential impact of U.S. President…

3 hours ago

Netflix Hits 302 Million Subscribers, Surpasses $10 Billion in Annual Operating Income

Netflix ended 2024 on a high note as its global subscribers rose to 302 million…

4 hours ago

PalmPay Explores Remittance Services as Part of Ambitious Global Growth Strategy

PalmPay, a leading Nigerian fintech company with over 30 million users and $6 billion in…

4 hours ago