Google in Talks to Acquire MandiantGoogle in Talks to Acquire Mandiant
Last month, Microsoft was interested in buying Mandiant. Now, it's Google that is looking at a deal to boost Google Cloud.
March 7, 2022
Google is in talks to acquire with Mandiant to bolster its cloud security efforts, according to a report by The Information. The deal is expected to help Google Cloud compete with Microsoft Azure in the cloud computing space.
Of the three major cloud providers, Microsoft has an advantage in how security products are bundled into the cloud services including storage, computing, and productivity, The Information reports.
Google has been making some moves recently to expand Google Cloud's security capabilities. Chronicle, a security analytics platform that monitors the flow of data across PCs, devices, and networks to detect cyberattacks, became part of Google Cloud in mid-2019. In January, the company acquired threat-response startup Siemplify.
Mandiant, which has a market value of just under $4.5 billion, was under the FireEye umbrella until last year, when FireEye sold the security product business for $1.2 billion to a consortium led by Symphony Technology Group. FireEye Products merged with McAfee Enterprise, and what was left of FireEye rebranded as Mandiant. FireEye originally acquired Mandiant back in 2013.
If this deal goes through, it may be Google's second-largest acquisition. Google's largest deal so far was the $12.5 billion deal for Motorola Mobility in 2012.
About the Author(s)
You May Also Like
Modern Supply Chain Security: Integrated, Interconnected, and Context-DrivenNov 06, 2023
How to Combat the Latest Cloud Security ThreatsNov 06, 2023
Reducing Cyber Risk in Enterprise Email Systems: It's Not Just Spam and PhishingNov 01, 2023
SecOps & DevSecOps in the CloudNov 06, 2023
What's In Your Cloud?Nov 30, 2023