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Mar 8, 2022 · (Bloomberg) -- Google agreed to purchase cybersecurity company Mandiant Inc. for $5.4 billion, adding internet security products that will bolster the technology giant’s cloud-computing business ...
Mar 8, 2022 · Mandiant has developed a software-as-a-service platform that will integrate with Google Cloud’s online offerings and which helped the security company grow revenue last year by 21%, to $483 million.
- Martin Giles
Mar 9, 2022 · Mandiant became a stand-alone company last year when FireEye sold its security-product business for US$1.2 billion to a consortium led by Symphony Technology Group. FireEye had acquired Mandiant ...
- Cybersecurity Investments Are on The Rise
- All Signs Point to The Cloud
- What Does This Mean For The Stock?
Investments in cybersecurity platforms are becoming more critical, spearheaded by corporate data breaches like that at Equifax, as well as the remote work environments and the increasing number of devices, such as mobile phones and work laptops, requiring secure protocols. Market research company Gartnerestimated that $155 billion was spent in 2021...
As remote work becomes more widely adopted, the number of endpoints such as work phones, tablets, or computers will increase. In essence, companies will need to increase significant capital into cloud-native security protocols over on-premise network solutions. Given this dynamic, it may not be surprising that Microsoft, Amazon, and Alphabet have a...
The Mandiant deal still needs regulatory and shareholder approvals. If all goes well, the transaction should close later this year. Wedbush Securities analyst Daniel Ives said, "In a nutshell, this deal was a shot across the bow from Google to Microsoft and Amazon." Ives said he believes the acquisition will have a "major ripple impact" across the ...
Mar 8, 2022 · Published March 8, 2022 10:47 a.m. PST. Share. SILVER SPRING, Md. -. Google is fortifying its cloud services with a US$5.4 billion acquisition of the cyber security firm Mandiant, the companies ...
Mar 8, 2022 · Mandiant, which had been acquired by US cyber security group FireEye in 2013, became a standalone publicly traded company again last year when it sold its products business and the FireEye name ...
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Mar 8, 2022 · Google said it reached a deal to buy cybersecurity company Mandiant Inc. for nearly $5.4 billion, ...
