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Google Completes Acquisition of Mandiant

flyytech by flyytech
September 12, 2022
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MOUNTAIN VIEW, Calif., and RESTON, Va., Sept. 12, 2022 /PRNewswire/ — Google LLC today announced the completion of its acquisition of Mandiant Inc. (NASDAQ: MNDT),
a recognized leader in dynamic cyberdefense, threat intelligence and
incident-response services. Mandiant will join Google Cloud and retain
the Mandiant brand.

Google and Mandiant share a long commitment to industry-leading
security. Over the past two decades, Google has innovated to build some
of the most secure computing systems in the world. Google Cloud
customers and partners benefit from these pioneering security
capabilities, including world-class threat intelligence, zero trust
architecture, and planet-scale analytics for security operations.
Mandiant, which is known for delivering unparalleled frontline expertise
and industry-leading threat intelligence, is a proven first responder
to the world’s largest cybersecurity incidents. Mandiant’s services,
delivered by their team of security and intelligence individuals spread
across 22 countries, are widely recognized for helping top enterprises
and organizations prepare for and react to cybersecurity incidents.

With this acquisition, Google Cloud and Mandiant will deliver an
end-to-end security operations suite with even greater capabilities to
support customers across their cloud and on-premise environments.

“The completion of this acquisition will enable us to deliver a comprehensive and best-in-class cybersecurity solution,” said Thomas Kurian,
CEO of Google Cloud. “We believe this acquisition creates incredible
value for our customers and the security industry at large. Together,
Google Cloud and Mandiant will help reinvent how organizations protect
themselves, as well as detect and respond to threats.”

Organizations today are facing cybersecurity challenges that have
accelerated in frequency, severity and diversity, creating a global
security imperative. Enterprises need to be able to detect and respond
to malicious actors quickly, with actionable threat intelligence to
continually protect their organizations against new attacks.

“Mandiant is driven by a mission to make every organization secure from cyber threats and confident in their readiness,” said Kevin Mandia,
CEO, Mandiant. “Combining our 18 years of threat intelligence and
incident response experience with Google Cloud’s security expertise
presents an incredible opportunity to deliver with the speed and scale
that the security industry needs.”

Hear from others on the impact of this acquisition:

  • “The power of stronger partnerships across the cybersecurity
    ecosystem is critical to driving value for clients and protecting
    industries around the globe. The combination of Google Cloud and
    Mandiant and their commitment to multi-cloud will further support
    increased collaboration, driving innovation across the cybersecurity
    industry and augmenting threat research capabilities. We look forward to
    working with them on this mission.” — Paolo Dal Cin, Global Lead,
    Accenture Security
  • “Google’s acquisition of Mandiant, a leader in threat intelligence,
    security advisory, consulting and incident response services will allow
    Google Cloud to deliver an end-to-end security operations suite with
    even greater capabilities and services to support customers in their
    security transformation across cloud and on-premise environments.” — Craig Robinson, Research VP, Security Services, IDC
  • “Bringing together Mandiant and Google Cloud, two long-time
    cybersecurity leaders, will advance how companies identify and defend
    against threats. We look forward to the impact of this acquisition, both
    for the security industry and the protection of our customers.” — Andy Schworer, Director, Cyber Defense Engineering, Uber

For more information, see the Google Cloud blog and Mandiant blog.

About Google
Google’s mission is to organize
the world’s information and make it universally accessible and useful.
Through products and platforms like Search, Maps, Gmail, Android, Google
Play, Chrome and YouTube, Google plays a meaningful role in the daily
lives of billions of people and has become one of the most widely known
companies in the world. Google is a subsidiary of Alphabet Inc.

About Google Cloud
Google Cloud accelerates
every organization’s ability to digitally transform its business. We
deliver enterprise-grade solutions that leverage Google’s cutting-edge
technology — all on the cleanest cloud in the industry. Customers in
more than 200 countries and territories turn to Google Cloud as their
trusted partner to enable growth and solve their most critical business
problems.

About Mandiant, Inc.
Since 2004, Mandiant has
been a trusted partner to security-conscious organizations. Effective
security is based on the right combination of expertise, intelligence,
and adaptive technology, and the Mandiant Advantage SaaS platform scales
decades of frontline experience and industry-leading threat
intelligence to deliver a range of dynamic cyber defense solutions.
Mandiant’s approach helps organizations develop more effective and
efficient cyber security programs and instills confidence in their
readiness to defend against and respond to cyber threats.

Forward-Looking Statements
This release
includes forward-looking statements within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These forward-looking statements involve certain risks and
uncertainties that could cause actual results to differ materially from
those indicated in such forward-looking statements, including but not
limited to the ability of Google to successfully integrate Mandiant’s
operations, product lines and technology; the ability of Google to
implement its plans, forecasts and other expectations with respect to
Mandiant’s business after the completion of the transaction and realize
additional opportunities for growth and innovation; and the other risks
and important factors contained and identified in Alphabet’s filings
with the Securities and Exchange Commission, any of which could cause
actual results to differ materially from the forward-looking statements.
The forward-looking statements included in this release are made only
as of the date hereof. Google and Alphabet undertake no obligation to
update the forward-looking statements to reflect subsequent events or
circumstances.

SOURCE: Google Inc.



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