Dive Brief:
- Google completed its $5.4 billion acquisition of Mandiant on Monday and said it plans to retain the Mandiant brand under Google Cloud.
- The deal for the incident response and threat intelligence firm, inked in March, marks Google’s largest cybersecurity acquisition to date and the second largest in the company’s history. Google announced a deal in early January to buy Siemplify, a security orchestration, automation and response technology provider.
- Google in August 2021 pledged to invest $10 billion in cybersecurity over the next five years.
Dive Insight:
Google bolstered its bid to become an all-inclusive security provider with Mandiant under the umbrella of Google Cloud.
“Together, Google Cloud and Mandiant will help reinvent how organizations protect themselves, as well as detect and respond to threats,” Google Cloud CEO Thomas Kurian said in a statement.
Mandiant’s team is spread across 22 countries, a presence that will strengthen Google’s massive footprint globally. “Combining our 18 years of threat intelligence and incident response experience with Google Cloud’s security expertise presents an incredible opportunity to deliver with the speed and scale that the security industry needs,” Mandiant CEO Kevin Mandiant said in a statement.
Google earlier this year said it aims to become a standalone security brand via market-shifting acquisitions and internal product development.