Beefing up security, Google buys cyber firm Mandiant for $5.4 bln

Beefing up security, Google buys cyber firm Mandiant for .4 bln

Alarabiya

Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies announced Tuesday.

The acquisition is the first of many that analysts foresee in the cyber security sector following Russia’s invasion of Ukraine. Analysts and government officials have said they expect a wave of cyberattacks from Russia and others as geopolitical tensions rise.

In a massive growth backdrop for cyber security and further tailwinds seen during this Ukraine invasion from Russia bad actors/nation state attacks, we believe today’s deal is the tip of the iceberg to a massive phase of consolidation potentially ahead for the cloud space,” Wedbush analyst Dan Ives wrote Tuesday…

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Beefing up security, Google buys cyber firm Mandiant for $5.4 bln

 

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