With this acquisition of Mandiant, Google Cloud would be further fortifying its cloud offerings to enterprises & organizations
In a new development, Google Cloud has signed a definitive agreement to acquire Mandiant, a leading cloud security solution provider, at approximately $5.4 Billion – for $23.00 per share in an all-cash transaction inclusive of Mandiant’s net cash.
The acquisition is there for complementing Google Cloud’s existing strengths in security. Together with Mandiant, Google Cloud will be able to deliver an end-to-end security operations suite with even greater capabilities as well as advisory services helping customers address critical security challenges and stay protected at every stage of the security lifecycle.
Thomas Kurian, CEO, Google Cloud, says, “The Mandiant brand is synonymous with unmatched insights for organizations seeking to keep themselves secure in a constantly changing environment.” “This is an opportunity to deliver an end-to-end security operations suite and extend one of the best consulting organizations in the world. Together we can make a profound impact in securing the cloud, accelerating the adoption of cloud computing, and ultimately make the world safer,” adds Kurian.
Over a period of time, Google Cloud has made security the main aim of its commitment to customers and users around the world by building cloud-native security into the foundation of its technology to block malware, phishing attempts and potential cyber-attacks at scale. The Mandiant acquisition underscores Google Cloud’s commitment to advancing its security offerings to better protect and advise customers across their on-premise and cloud environments.
“Cyber security is a mission, and we believe it’s one of the most important of our generation. Google Cloud shares our mission-driven culture to bring security to every organization,” says Kevin Mandia, CEO, Mandiant. “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 are there to help the organizations to effectively, efficiently and continuously manage and configure their complex mix of security products,” accentuates Mandia.
Qaisar
