Google to buy US cybersecurity company Mandiant

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Mandiant announced that it has entered into a definitive agreement to be acquired by Google LLC for $23.00 per share in an all-cash transaction valued at approximately $5.4 billion, including Mandiant’s net cash. The offer price represents a 57% premium to the undisturbed 10-day volume-weighted average price as of February 7, 2022, the last full trading day before published market speculation of a potential sale. of the society. Upon closing of the acquisition, Mandiant will join Google Cloud.

For the past 18 years, Mandiant has delivered unparalleled front-line expertise and cutting-edge threat intelligence. Mandiant’s more than 600 consultants currently respond to thousands of security breaches each year. Coupled with the research of more than 300 intelligence analysts, this resulting insight is what powers Mandiant’s dynamic cyber defense solutions, delivered through the managed multi-vendor XDR platform, Mandiant Advantage.

Google Cloud has made security a cornerstone of its commitment to its customers and users around the world, integrating cloud-native security into the foundation of its technology to block malware, phishing attempts and potential cyberattacks to large scale. Mandiant’s acquisition underscores Google Cloud’s commitment to advancing its security offerings to better protect and empower customers in their on-premises and cloud environments.

The acquisition will complement Google Cloud’s existing security strengths. Together with Mandiant, Google Cloud will provide an end-to-end security operations suite with even greater capabilities as well as consulting services to help customers address critical security challenges and stay protected through every step of the cycle. safety life.

“Cybersecurity is a mission, and we believe it is one of the most important of our generation. Google Cloud shares our mission-driven culture to bring security to every organization,” said Kevin Mandia, CEO of Mandiant. “Together, we will deliver our expertise and intelligence at scale through the Mandiant Advantage SaaS platform, as part of the Google Cloud security portfolio. These efforts will help organizations efficiently, effectively and continuously manage and configure their combination complex of security products.

“The Mandiant brand is synonymous with unparalleled insights for organizations looking to protect themselves in an ever-changing environment,” said Thomas Kurian, CEO of Google Cloud. “This is an opportunity to deliver an end-to-end security operations suite and scale one of the best consulting organizations in the world. Together, we can have a profound impact on securing the cloud, accelerating the adoption of cloud computing, and ultimately making the world a safer place.

The acquisition is subject to customary closing conditions, including obtaining Mandiant’s shareholder 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 PC is acting as legal advisor to Mandiant

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