Google announces acquisition of cybersecurity firm Mandiant for $23 per share in cash for about $5.4 billion

According to reports, Google announced today that it will acquire network security company Mandiant for $23 per share in cash, with a total transaction value of about $5.4 billion, including Mandiant’s net cash.

In a statement, Google said that cybersecurity is a global security priority and that 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.

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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 existing products to provide an “end-to-end” suite of security operations to provide stronger support for customers.

“As a recognized leader in strategic security consulting and incident response services, Mandiant has the real-time and in-depth threat intelligence obtained on the front lines of cybersecurity,” Google said. “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 acquisition, Mandiant will join the Google Cloud division. 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 had an interest in acquiring Mandiant, but then backed off due to fears of antitrust investigations, the people said. Given its position in cybersecurity, Microsoft’s acquisition of Mandiant may face greater difficulties than Google’s.

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