Google To Acquire Cybersecurity Company Mandiant for $5.4bn
In what will be Google’s second-biggest acquisition – after spending $12.5 billion on its Motorola Mobility deal in 2012 – the tech giant has signed a deal to buy Mandiant cybersecurity company for $5.4bn.
.Organizations are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative. To address these risks, enterprises need to be able to detect and respond to adversaries quickly; analyze and automate threat intelligence to scale threat detection across organizations; orchestrate and automate remediation; validate their protection against known threats; and visualize their IT environment in order to identify and simulate new threats. The cloud represents a new way to change the security paradigm by helping organizations address and protect themselves against entire classes of cyber threats, while also rapidly accelerating digital transformation’. – Google.
According to Google, combined with Google Cloud’s cloud-native security offerings, the acquisition will help enterprises globally stay protected at every stage of the security lifecycle:
- Advisory Services: Mandiant’s proven global expertise in providing comprehensive incident response, strategic readiness and technical assurance helps customers mitigate threats and reduce business risk before, during and after an incident.
- Threat Detection and Intelligence: Mandiant’s experience detecting and responding to advanced adversaries offers customers actionable insights into the threats that matter right now.
- Automation and Response Tools: Security operations tools within Google Cloud’s Chronicle, Siemplify solutions and Mandiant’s Automated Defense help customers analyze, prioritize and streamline threat response and leverage Mandiant’s expertise as a virtual extension of their teams.
- Testing and Validation: Mandiant Security Validation helps customers continuously validate and measure the effectiveness of cybersecurity controls across cloud and on-premise environments, and complements Google Cloud’s Security Command Center to help ensure strong risk management.
- Managed Defense: Mandiant’s managed detection and response service acts as a seamless extension of customers’ security teams, delivering continuous monitoring, event triage and threat hunting that’s agnostic to customers’ endpoint and network tooling.
“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,” said Thomas Kurian, CEO of Google Cloud, in a statement. He added, “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.”
“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, CEO, 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.”
The deal is expected to close later this year.