Google has completed the acquisition of cybersecurity firm Mandiant in a $5.4bn all-cash deal.
According to Security Week, Google announced the deal’s completion earlier in the week. The deal was originally announced in March 2022.
Mandiant was acquired by FireEye in December 2013. However, the two companies were split apart late last year in a $1.2bn private equity transaction.
The deal separated Mandiant Solutions unit from FireEye’s endpoint protection and cloud security product. As part of the deal, Mandiant will join Google Cloud and retain the Mandiant brand.
Security Week noted Google is investing in cybersecurity to drive its cloud computing portfolio and has bolstered its own lineup with the acquisition of Siemplify.
A court recently slapped a $358m fine on Google for a failure to restrict access to information prohibited in the country.
Roskomnadzor – Russia’s internet watchdog – said Google and YouTube had failed to remove a range of materials even after multiple requests from the Russian IT controller.
Google previously said it handed out $8.7m in bug bounty payouts last year as part of vulnerability reward programs.
The highest reward paid out in 2021 was $157,000, which was for a security issue in Android. Google awarded around $3m in bounty rewards to researchers who reported bugs in the Android platform.
Copyright © 2022 RegTech Analyst
Copyright © 2018 RegTech Analyst
