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What is Google's $5.4 billion acquisition of Mandiant?

It was announced on September 12 that Google’s $5.4 billion bid to acquire the cybersecurity firm Mandiant was completed. Mandiant will be joining Google’s cloud computing division so Google can attempt to compete with Amazon’s AWS and Microsoft’s Azure.

Is Mandiant still in business?

“We will retain the Mandiant brand and continue Mandiant’s mission to make every organization secure from cyber threats and confident in their readiness,” Google Cloud CEO Thomas Kurian wrote in a blog post. Mandiant dashboard. Image Credits: Mandiant

Is Mandiant joining Google Cloud?

Upon the close of the acquisition, Mandiant will join Google Cloud. For the past 18 years, Mandiant has delivered unparalleled frontline expertise and industry-leading threat intelligence. Mandiant’s more than 600 consultants currently respond to thousands of security breaches each year.

What are the closing conditions for the Mandiant acquisition?

The acquisition is subject to customary closing conditions, including the receipt of Mandiant stockholder and regulatory approvals, and is expected to close later this year. Goldman Sachs & Co. LLC is acting as exclusive financial advisor, and Wilson Sonsini Goodrich & Rosati P.C. is acting as legal advisor to Mandiant.

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