Jeff Pollard, VP and essential analyst at Forrester, stated Google’s cloud industry is “taking part in catchup to Microsoft in cybersecurity,” which forces Google “to pay a top rate and be extra competitive.” With this acquisition, he stated, Google has “signaled” it is keen to do exactly that.
The deal comes at a time when companies could also be feeling heightened cybersecurity considerations given Russia’s conflict with Ukraine. In fresh weeks, US officers had been caution companies and native governments about the specter of cybersecurity assaults, given Russian hackers have prior to now long past after US objectives.
Mandiant introduced in 2004 and was once purchased by way of FireEye in 2013. It was once spun out as an unbiased corporate after FireEye bought its product industry remaining yr for $1.2 billion.
Google’s acquisition is predicted to near later this yr.
