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Google buys cybersecurity company Mandiant for $5.4 billion

2022-03-08 18:29 by


Google has announced its intent to buy incident response (IR) firm Mandiant for $5.4 billion, with the goal of broadening its portfolio of cybersecurity services with a company known for its IR investigations. That includes its response to the massive 2009 Aurora attacks, which compromised hundreds of companies - Google among them. Up until last year when it rebranded, it was known as FireEye.

"The acquisition of Mandiant will complement Google Cloud's existing strengths in security," Google and Mandiant said in a joint statement Tuesday. "Combined with Google Cloud's cloud-native security offerings, the acquisition will help enterprises globally stay protected at every stage of the security lifecycle."

Previously, Microsoft had been rumored as a potential buyer of Mandiant. Microsoft and Google have been competing to control the lucrative cloud services market, where cybersecurity plays an increasingly prominent role.

If the deal gets approved by regulators, it will be Google's second-largest acquisition ever behind its $12.5 billion Motorola Mobility deal in 2012. Google sold the company to Lenovo for $2.9 billion two years later. Google's third-largest acquisition is smart home product maker Nest, which it bought for $3.2 billion in 2014. Google is a unit of Alphabet.

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