Google has announced the completion of its proposed $5.4 billion bid to acquire cybersecurity firm Mandiant.
The internet behemoth announced plans to acquire publicly traded Mandiant in March, less than a year after the company was spun out of its previous owner FireEye in a $1.2 billion deal with private equity firm Symphony Technology Group.
Mandiant will now operate under the auspices of Google Cloud, though the Mandiant brand will remain.
In a blog post, Google Cloud CEO Thomas Kurian stated, “We will retain the Mandiant brand and continue Mandiant’s mission to make every organization secure from cyber threats and confident in their readiness.”
Google’s big promise to would-be customers, as one of the so-called “big three” public cloud providers alongside Amazon and Microsoft, is that it will keep all of their data and infrastructure secure. This includes constantly introducing new products to address the ever-changing threat landscape, as well as acquiring long-established incumbents with the expertise to strengthen Google’s security proposition.
And that’s exactly what Google is getting with Mandiant, giving it a significant boost in terms of security data gathering capabilities, as well as access to hundreds of security personnel.
“By combining Google Cloud’s existing security portfolio with Mandiant’s leading cyber threat intelligence, we will be able to deliver a security operations suite that will help enterprises around the world stay protected at every stage of the security lifecycle,” Kurian explained.
“With the scale of Google’s data processing, novel analytics approaches based on AI and machine learning, and a focus on eliminating entire classes of threats, Google Cloud and Mandiant will assist organizations in reinventing security to meet the needs of our rapidly changing world.”