March 10, 2022
1 min read

Google to buy Mandiant for $5.4 billion

The acquisition of Mandiant will complement Google Cloud’s existing strengths in security, the company said in a statement…reports Asian Lite News

Google on Tuesday announced to acquire leading cyber defense and response company Mandiant in an all-cash deal of $5.4 billion.

Upon the close of the acquisition, Mandiant will join Google Cloud.

The acquisition of Mandiant will complement Google Cloud’s existing strengths in security, the company said in a statement.

“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, 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,” he added.

With the addition of Mandiant, Google Cloud will deliver an end-to-end security operations suite with even greater capabilities to support customers across their cloud and on-premise environments.

Mandiant brings real-time and in-depth threat intelligence gained on the frontlines of cybersecurity with the largest organisations in the world.

“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 acquisition of Mandiant is expected to close later this year.

ALSO READ-India’s 100 % women-owned FLO Industrial Park opened in Hyderabad

Previous Story

Benefits of doing exercise since childhood

Next Story

AAP scoops Punjab

Latest from Business

Samsung Unveils AI Revolution in Galaxy Series

While Samsung did not share the detailed product lineup, Galaxy S25 flagship smartphones, including a new slim model, are expected to be unveiled at the upcoming event…reports Asian Lite News Samsung Electronics

Retail Auto Sales Defy Challenges

Internal combustion engine two-wheelers faced challenges such as financial constraints and increasing competition from electric vehicles…reports Asian Lite News Retail automobile sales in India increased by 9.1% in 2024, reaching 2.61 crore

Mulk, Patil Groups Unveil Virtual Hospital   

Mulk International and DY Patil Group Launch Regional First Virtual Hospital with AED 100M Investment and more than 20,000 doctors on board. The new Initiative introduces Mulk Med Virtual Hospitals ecosystem across
Go toTop