Google makes $5.4 billion acquisition of Mandiant

Alphabet Inc.’s (NASDAQ: GOOGL) Google has entered a definitive agreement to purchase dynamic and cyber security company Mandiant Inc. for $5.4 billion, valuing Mandiant at $23 per share. After completing the all-cash transaction, Mandiant will be integrated with Google Cloud.

Mandiant purchase enhances Google Cloud’s capabilities

Organizations are confronted with cybersecurity threats that have increased in occurrence, severity, and variety, resulting in a worldwide security challenge. Therefore, enterprises need to rapidly detect and react appropriately to adversaries, evaluate and optimize threat detection to measure threat intelligence, facilitate and digitize correction, verify their safeguards against possible attacks, and optimize their IT surroundings to recognize and imitate new threats to address such threats risks. Google Cloud CEO Thomas Kurian said:

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. 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.

Mandiant’s purchase will add to Google Cloud’s current security capabilities. Customers can take advantage of a wide range of services like BeyondCorp Enterprise for Zero Trust and VirusTotal for suspicious material and software threats, Chronicle’s planet-scale cyber security solutions and intelligent systems, as well as services like Security Command Center and Google Cloud’s Cybersecurity Action Team expertise.

With the purchase of Mandiant, Google Cloud will be able to provide a complete security management package with even more features to help customers in both on-premise and cloud environments.

Mandiant offers real-time enhanced threat intelligence

Mandiant provides real-time and enhanced threat intelligence obtained through working in the front line of the cybersecurity sector with the world’s leading companies. When combined with Google Cloud’s cloud-native security capabilities, the acquisition will help businesses around the world stay secure at every phase of the security lifecycle. Mandiant CEO Kevin Mandia said:

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. 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.