Google reported that it reached an agreement for the purchase of Mandiant, one of the most important cybersecurity companies in the world, in a deal for more than $5,400 millions. The announcement was made by both companies through an official statement.
According to the information that has transpired, the operation will be carried out by means of a cash payment to a price of 23 dollars per share.
Although the name Mandiant may be unknown to a large part of the population, this company is responsible for having discovered in the year 2020 the most sophisticated hack in history. The attack committed against the SolarWinds company put some 18, companies including Microsoft, as well as other industry majors.
Following its acquisition, Mandiant, together with its 600 consultants and 300 analysts, will become part of Google Cloud i, thus integrating the cybersecurity services offered by Google.
One of the elements that Google intends to achieve through the purchase of Mandiant is to strengthen its consulting services in biosecurity, detection of computer attacks, creation of rapid response tools as well as validation, control and monitoring.
The purchase of the cybersecurity firm means the largest disbursement of this type that Google has made to date. However, it is not the first of these characteristics carried out by the company.
The first of them occurred in the year 2012 when the company bought the Spanish firm VirusTotal. Most recently, in January of 2022, they purchased the company Siemplify in a deal worth more than $500 million.
Interest of the competition
The purchase of Mandiant occurs at a time when different actors expressed interest in taking over the company. Among this list, the name of Microsoft stands out, a company that was unable to reach a formal agreement with the owners of Mandiant.
Part of this interest is due to the fact that whoever controls this cybersecurity company will become an obligatory reference.
In this sense, from this treatment Google can become in an important support of the government of the United States as far as cybersecurity is concerned.
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