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

Sheikh Abdullah, Blinken discuss Ukraine crisis

Next Story

AAP scoops Punjab

Previous Story

Sheikh Abdullah, Blinken discuss Ukraine crisis

Next Story

AAP scoops Punjab

Latest from Business

US Bans DeepSeek from Government Systems

Washington has barred Chinese AI technology from civilian government agencies, citing wider concerns over security and competition as the US seeks to maintain its lead in artificial intelligence, reports Asianlite News Desk.

UK Targets Apple’s Grip on Contactless Payments

The competition watchdog proposes lower fees and easier access to Apple’s payment technology to help digital banks and fintech firms challenge Apple Pay, reports Asianlite News Desk. Britain’s competition regulator has proposed

Qualcomm Plans Global Job Cuts

The chipmaker will begin notifying employees in November following annual performance reviews, as it seeks to strengthen workplace accountability and expand beyond its smartphone business, reports Asianlite News Desk. Qualcomm plans to

Uber Wins Bid to Dismiss £340m UK Lawsuits

London’s High Court has dismissed claims worth around £340 million brought by thousands of black cab drivers and two former private hire companies over Uber’s licensing in the British capital, reports London
Go toTop