Google to acquire cybersecurity firm Mandiant for $5.4 billion – update

Google has acquired security company Mandiant for 4.9 billion euros. Mandiant wrote this in a press release. Various media previously wrote that Google and Microsoft were in talks with Mandiant about an acquisition. Mandiant becomes part of Google Cloud

Mandiant writes that Google has acquired Mandiant for $ 23 per share, which equates to an amount of 4.9 billion euros. The company, which conducts that security research and provides computer emergency response teams, will become part of Google Cloud. With the addition of Mandiant, Google Cloud will offer an end-to-end security operations suite.

The Information reported earlier today that Google would be in talks with Mandiant about an acquisition after the company’s employees expressed among themselves that the company could use more “firepower” on security and compete with Microsoft Azure and Amazon Web Services. . Google wasn’t alone in showing an interest in the security company. Bloomberg wrote in early February that Mandiant was in talks with Microsoft about a possible acquisition. With the acquisition, Microsoft could focus even more on cloud security, said an analyst from Bloomberg.

Mandiant is a company that conducts security research and provides computer emergency response teams. These certs are used at companies that are affected by cyber attacks. Mandiant has been part of security company FireEye since 2013, which sold a large part of its Products portfolio to an investment company last year and has continued as Mandiant ever since. The company received extra attention when it investigated the SolarWinds hack in 2020, still under the name FireEye.

Update, 1:29 PM: The acquisition of Mandiant by Google has been officially confirmed, so the article has been slightly modified.