Google to buy cybersecurity firm Mandiant for $5.4 billion
In the wake of cyberattacks, the deal will help improve Google’s cloud computing business, which generates more than $19 billion annually
By Arghyadeep Dutta
Published - Mar 08, 2022, 04:40 PM ET
Last Updated - Feb 20, 2024, 01:07 PM EST
• If the deal goes through, it will be Google’s second-largest acquisition
• Google will pay $23 for each share of Mandiant
Alphabet Inc’s (NASDAQ: GOOGL) Google on Tuesday said it is buying cybersecurity firm Mandiant Inc (NASDAQ: MNDT) for $5.4 billion as part of an effort to better protect its cloud customers.
In the wake of cyberattacks, the deal will help improve Google’s cloud computing business, which generates more than $19 billion annually.
