The cybersecurity company Mandiant, based in Restan, will be acquired by Google for $ 5.4 billion. When the acquisition closes, Mandiant, the company that unveiled the SolarWinds cyberattack, will become part of Google’s cloud computing division.
Reston, Virginia Cybersecurity Company Mandiant will be purchased by Google by $ 5.4 billion.
Founded in 2004, Mandiant has about 2,300 employees, including more than 600 consultants and more than 300 intelligence analysts who respond to thousands of security breaches a year.
Following the acquisition, Mandiant will be part of Google’s cloud computing division.
Google said it expects to complete the acquisition later this year. The acquisition still requires the approval of shareholders and regulators.
Mandiant services include malware protection systems and prevention of network threats to the security of websites, emails and files.
In 2021, Mandiant’s revenue was $ 483 million, a 21% annual increase.
“There has never been a more critical time in cybersecurity. Since its inception, Mandiant’s mission has been to fight cyber attacks and protect our customers from the latest threats, ”said Mandiant CEO Kevin Mandy. “To that end, we’re excited to join forces with Google Cloud.”
Among the recent high-profile investigations into the Mandiant cyberattack is the December 2020 attack on the SolarWinds supply chain, the largest by the U.S. government.
Last year, he helped Colonial Pipeline in response to an attack by ransomware.
The company recently set up Fr. task force to monitor the escalation of the crisis in Ukraine.