Google in Talks to Acquire Mandiant

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Publicated : 23/11/2024   Category : security


Google in Talks to Acquire Mandiant


Last month, Microsoft was interested in buying Mandiant. Now, its Google that is looking at a deal to boost Google Cloud.



Google is in talks to acquire with Mandiant to bolster its cloud security efforts,
according to a report by The Information
. The deal is expected to help Google Cloud compete with Microsoft Azure in the cloud computing space.
Of the three major cloud providers, Microsoft has an advantage in how security products are bundled into the cloud services including storage, computing, and productivity, The Information reports.
Google has been making some moves recently to expand Google Clouds security capabilities.
Chronicle
, a security analytics platform that monitors the flow of data across PCs, devices, and networks to detect cyberattacks, became part of Google Cloud in mid-2019. In January, the company
acquired threat-response startup Siemplify
.
In early February,
Bloomberg News
said Microsoft was interested in the company. That is no longer the case, as a new Bloomberg News says
Microsoft pulled out of the discussions
more than a week ago.
Mandiant, which has a market value of just under $4.5 billion, was under the FireEye umbrella until last year, when
FireEye sold the security product business
for $1.2 billion to a consortium led by Symphony Technology Group.
FireEye Products merged with McAfee Enterprise
, and
what was left of FireEye rebranded as Mandiant
. FireEye originally acquired Mandiant back in 2013.
If this deal goes through, it may be Googles second-largest acquisition. Googles largest deal so far was the $12.5 billion deal for Motorola Mobility in 2012.

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Google in Talks to Acquire Mandiant