Cybersecurity concerns are at an all-time high, and no one understands this better than Google. On March 8, the tech titan announced it is acquiring cyber defense vendor Mandiant for $5.4 billion to help businesses tackle cyber threats and challenges of all classes.
Mandiant provides a SaaS-based security platform called Mandiant Advantage, bringing real-time and comprehensive cybersecurity intelligence. With this acquisition, Google hopes to help safeguard organizations and businesses at all stages of the security lifecycle.
Powered by over 300 intelligence analysts, Mandiant Advantage’s capabilities comprise Advisory Services, Threat Detection and Intelligence, Automation and Response Tools, Testing and Validation and Managed Defense. Together, they enable organizations to detect and mitigate threats seamlessly, streamline threat response and launch hands-on monitoring and security training.
But Google is no stranger to cybersecurity. Google Cloud has long provided a suite of security operations that serve as a central point of security intelligence and will continue to do so as it takes Mandiant under its wing.
Mandiant said in a press release:
“The Mandiant acquisition underscores Google Cloud’s commitment to advancing its security offerings to better protect and advise customers across their on-premise and cloud environments.”
Overall, the multi-billion dollar deal will boost Google’s cloud computing department, which generates over $19 billion in annual revenue, and fuel its security operations and advisory solutions.
For businesses, it could mean unprecedented access to protection and security. We’re in an era where every website is vulnerable to cyber-attacks regardless of size. All businesses, from boutique law firms and dental offices to hospitals and multi-national enterprises, should be all-hands-on-deck with their cybersecurity measures.
Google’s acquisition is a testament to how critical cybersecurity is and offers a positive outlook for Google’s defense capabilities and the security sector as a whole.
The acquisition is currently awaiting stockholder and regulatory approvals and is projected to close within the year.
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