10 October 2022 | Other

Google strengthens cybersecurity with Mandiant acquisition

Google announced its purchase of cybersecurity enterprise Mandiant for $5.4 billion, pointing to the scope of the company's ambitions in the sector.

The deal is aimed at fostering Google's capacity to investigate cyber threats, i.e. the area where Mandiant has become widely known, as Google Cloud chief information security officer Phil Venables noted at a conference.

“I would like to stress this is contributing to additional data about prospective threats," Venables claimed. “In case you take a closer look at things we have at Google, incorporating the complementary ones from VirusTotal and our other threat analysis capabilities, this scope provides an integrated set of security operations. Google, in turn, is already powerful, with Mandiant only getting stronger.”

Venables sent a clear message about Google Cloud's cybersecurity ambitions being huge, with the deal amount being definitive. This acquisition is the second largest in Google's history, second only to the $12.5 billion buyout of Motorola a decade ago. 

In fact, the deal was regarded as a positive sign by the cybersecurity industry that one of Big Tech's most legendary names is taking the increasingly risky cyberspace seriously, said Andrew Rubin, Illumio CEO and co-founder. 

“Google, acting as a cyber-oriented corporation, demonstrates security as its prime concern,” he noted. "It's encouraging to see industry titans defending cloud environments against today's threats.” 

Analysts share the following opinion: In case Google is willing to develop its cloud business, it needs to beef up security. 

"The Google and Mandiant deal is considered the most recent in a series of high-profile, billion-dollar cybersecurity purchases over the past several years. And, of course, that won’t be the last.” Rubin mentioned. “If Google is eager to fully immerse in cyberspace, their clients also consider security as a basic tool.”

Company MarketCheese
Period: 04.04.2025 Expectation: 1000 pips
Uptrend may help AUDCAD to stop declining
Today at 11:20 AM 30
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 28.03.2025 Expectation: 2450 pips
Profit taking and dollar strength to accelerate GBPUSD decline
Today at 10:09 AM 48
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segments "Currencies" and "Crypto"
2nd in the segment "Oil and gas"
Period: 28.03.2025 Expectation: 127 pips
Buying Brent with target of 73.5 amid lower market supply
Today at 09:18 AM 20
Period: 26.03.2025 Expectation: 300 pips
Record US gas exports push domestic prices higher
Yesterday at 10:31 AM 50
Period: 27.03.2025 Expectation: 43500 pips
News background and technical analysis data support buying ETHUSD up to 2,450
Yesterday at 09:22 AM 47
Elena_Dorokhina
Elena_Dorokhina

Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
2nd in the segment "Currencies"
Period: 27.03.2025 Expectation: 2283 pips
Selling USDJPY due to new US economic forecasts
Yesterday at 08:13 AM 61
Go to forecasts