Mandiant, Inc. (NASDAQ: MNDT) has agreed to be acquired by Google LLC for $23.00 per share in an all-cash deal valued at over $5.4 billion, including Mandiant's net cash. Mandiant has provided unrivaled frontline experience and industry-leading threat intelligence for the past 18 years. Each year, Mandiant's more than 600 experts react to hundreds of security incidents.
Google Cloud has made security a priority in its promise to clients and users around the world, incorporating cloud-native security into the technology's basis to prevent malware, phishing attempts, and possible cyber-attacks at scale. The Mandiant purchase emphasizes Google Cloud’s effort to develop its security offerings to better safeguard and advise clients across their on-premises and cloud settings.
Mandiant noted that cyber security is a mission and that it considers it to be one of the most critical of its generation. To offer security to every enterprise, Google Cloud shares MNDT's mission-driven culture. Both firms will collaborate on the Mandiant Advantage SaaS platform, which is part of the Google Cloud security offering, to deploy their experience and intelligence at scale. These efforts will assist enterprises in effectively, efficiently, and continually managing and configuring their complex mix of security technologies.
Furthermore, Google Cloud believes that the Mandiant brand is equated with unrivaled insights for businesses looking to stay secure in an ever-changing environment. This is an opportunity to provide an end-to-end security operations suite while also extending one of the world's greatest consulting firms. The acquisition is conditional to customary closing conditions, including the receipt of Mandiant stockholder and regulatory authorizations, and is likely to close later this year.