Google LLC will acquire dynamic cyber defense and response firm Mandiant Inc. for about $5.4 billion, according to the company’s press release.
- Upon the transaction closure, Mandiant is expected to join Google Cloud.
- Google says Mandiant will complement its existing strengths in Google Cloud’s security in the era of growing cybersecurity threats.
- The search giant says the acquisition will enable system integrators, managed security service providers, and resellers to provide broader customer solutions.
- The all-cash deal values Mandiant at $23 per share and is expected to finalize later this year, subject to customer closing conditions.
Mandiant is recognized as a leader in dynamic cyber defense and response, with robust strategic security advisory, as well as incident response services. MNDT: NASDAQ is currently down -3.02%, GOOGL: NASDAQ is down -0.43%.