According to reports, Google announced today that it will acquire cybersecurity company Mandiant for $23 per share in cash, in a transaction totaling approximately $5.4 billion, including Mandiant’s net cash.
Google said in a statement that cybersecurity is a global security priority, and the “cloud” represents a new way to change the security paradigm. It helps businesses respond to and protect themselves from a variety of cyber threats, while also accelerating digital transformation.
The acquisition of Mandiant will complement the existing advantages of “Google Cloud” in terms of security. With the addition of Mandiant, Google Cloud will enhance its existing offerings to provide an “end-to-end” suite of security operations to provide stronger support to customers.
Google said: “As a recognized leader in strategic security consulting and incident response services, Mandiant has real-time and in-depth threat intelligence obtained on the front lines of cybersecurity. Combined with Google Cloud’s existing security products, it will ensure that global enterprises can Every stage of the security lifecycle is protected.”
After the deal closes, Mandiant will join Google Cloud. It was reported yesterday that Google is in talks to acquire Mandiant. Stimulated by the news, Mandiant closed up 16% on Monday.
Before Google, Microsoft also wanted to buy Mandiant, but then gave up because of fears of antitrust investigations. Given Microsoft’s position in cybersecurity, Microsoft’s acquisition of Mandiant may face greater difficulties than Google’s.