Mandiant

Google said the deal values Mandiant shares at $23 each. That's a 2% premium to their closing price yesterday when the stock price jumped 16% following reports ...

The new iPhone SE will be priced at $429, making it the cheapest model available. Google said the deal values Mandiant shares at $23 each. The move will enhance the security and offerings of Google Cloud.

SILVER SPRING, Md. (AP) — Google is fortifying its cloud services with a $5.4 billion acquisition of the cyber security firm Mandiant, the companies ...

Google, a subsidiary of Mountain View, California-based Alphabet Inc., will pay $23 per Mandiant share in all-cash deal expected to close this year. “The Mandiant brand is synonymous with unmatched insights for organizations seeking to keep themselves secure in a constantly changing environment,” said Google Cloud CEO Thomas Kurian. “This is an opportunity to deliver an end-to-end security operations suite and extend one of the best consulting organizations in the world.” 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.

“Together, we will deliver our expertise and intelligence at scale via the Mandiant Advantage SaaS platform, as part of the Google Cloud security portfolio.

Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Transaction Proxy Statement and other relevant documents to be filed with the SEC in connection with the Transaction. Information relating to the foregoing can also be found in Mandiant’s definitive proxy statement for its 2021 Annual Meeting of Stockholders (the “2021 Proxy Statement”), which was filed with the SEC on April 27, 2021. This communication contains forward-looking statements that involve risks and uncertainties, including statements regarding: the Transaction, including the expected timing of the closing of the Transaction; considerations taken into account by Mandiant’s Board of Directors in approving the Transaction; and expectations for Mandiant following the closing of the Transaction. If any of these risks or uncertainties materialize, or if any of Mandiant’s assumptions prove incorrect, Mandiant’s actual results could differ materially from the results expressed or implied by these forward-looking statements. “Cyber security is a mission, and we believe it’s one of the most important of our generation. To the extent that holdings of Mandiant’s securities have changed since the amounts printed in the 2021 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. Together we can make a profound impact in securing the cloud, accelerating the adoption of cloud computing, and ultimately make the world safer.” “Cyber security is a mission, and we believe it’s one of the most important of our generation. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats. The Mandiant acquisition underscores Google Cloud’s commitment to advancing its security offerings to better protect and advise customers across their on-premise and cloud environments. The acquisition will complement Google Cloud’s existing strengths in security. Mandiant’s more than 600 consultants currently respond to thousands of security breaches each year. RESTON, Va.--( BUSINESS WIRE)--Mandiant, Inc. (NASDAQ: MNDT) today 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, inclusive of Mandiant’s net cash.

Adding Internet security products will bolster the tech giant's cloud-computing business as it takes on larger rivals. . Read more at straitstimes.com.

Still, "Google has ample capacity for a growing M&A (mergers and acquisition) appetite," Mr Robert Schiffman, an analyst at Bloomberg Intelligence, wrote in a note. For Google, the biggest challenge may lie ahead - getting regulators to sign off on the deal during numerous anti-trust investigations. The company can automate more by applying data about the threats some organisations are facing to defend others, he added. Under Mr Thomas Kurian, who took over as the cloud division's chief executive officer in 2019, Google has aggressively pursued new business, working to make the service more reliable and revamping its partnerships to engineer bespoke projects for more clients. "The cloud represents a new way to change the security paradigm by helping organisations address and protect themselves against entire classes of cyber threats, while also rapidly accelerating digital transformation." As it seeks to expand its third-place cloud-infrastructure unit, which sells computing power and storage via the Internet, buying Mandiant will give Google a fuller range of software tools to protect clients by responding quickly to online threats.

The cloud represents a new way to change the security paradigm by helping organizations address and protect themselves against entire classes of cyber threats, ...

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats. Through products and platforms like Search, Maps, Gmail, Android, Google Play, Chrome and YouTube, Google plays a meaningful role in the daily lives of billions of people and has become one of the most widely-known companies in the world. In addition, Google Cloud is deeply committed to supporting the technology partners of both companies, including the endpoint ecosystem. Combined with Google Cloud’s cloud-native security offerings, the acquisition will help enterprises globally stay protected at every stage of the security lifecycle: The acquisition of Mandiant will complement Google Cloud’s existing strengths in security.

Mandiant, a threat intelligence company based in Reston, Virginia, has been a power player in the space for 18 years. Google acquired the 2,000-person company ...

“Together, we will deliver our expertise and intelligence at scale via the Mandiant Advantage SaaS platform, as part of the Google Cloud security portfolio. “Cyber security is a mission, and we believe it’s one of the most important of our generation. Google acquired the 2,000-person company at $23 per share, all cash, and Mandiant will join Google Cloud when the deal closes.