Google Cloud completes Mandiant acquisition for $5.4 billion

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Google Cloud has made an official announcement that it has completed the acquisition process of cybersecurity firm Mandiant for $5.4 billion. Trade analysts felt that the business purchase will help the cloud business of the web search giant mitigate risks associated with cyber threats with great confidence driven readiness.

For the information of our readers, Mandiant is the same company that revealed the Solar Winds hack details to the world and uncovered the after details such as the attack impact, the procedure in which it was conducted and how the Russian hackers took control of servers that were assigned with the task of sending updates to consumers using Orion software.

Thomas Kurian, the CEO of Google Cloud, confirmed the finish of the buyout and added that integrating new technology into its portfolio will help enterprises shield themselves at every stage of their security lifecycle.

Note- Mandiant rose to fame in Feb’13 when it discovered and revealed to the world the espionage activities taken up by China. Previously, it was acquired by FireEye in December 2013 for $1 billion and in March this year, the internet juggernaut announced it will acquire the security firm for $5.4 billion and will integrate the newly gained technology into its Google Cloud Division. In May 2021, the White House tasked Mandiant to investigate the ransomware attack on fuel supply operator Colonial Pipeline. And within a few weeks’ time, the company revealed that the hack was conducted by a Russian hacking group that also infiltrated the US Infrastructure by exploiting the SolarWinds Software in December 2020.

 

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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