Google is acquiring security intelligence firm Mandiant for $5.4B

At a time when cyber security is top of mind for many firms, the acquisition of Mandiant by Google gives it access to security data gathering capabilities, as well as a team of hundreds of security consultants. The company will become part of the cloud.

As the war in Ukraine rages, companies are facing unprecedented security threats, and Mandiant gives the company a platform of security services to add to the Google Cloud platform.

This is an opportunity to deliver an end-to-end security operations suite and extend one of the best consulting organizations in the world. We can make a huge impact in securing the cloud, speeding up the adoption of cloud computing and ultimately making the world safer, according to a statement by Kurian.

The company plans to pay Mandiant $23 a share, which is a 57% premium over the 10 day weighted stock price average. The stock is up 18% over the last year and took a nice spike in the last couple of days as rumors began to surface about a possible deal.

Patrick Moorhead, founder and principal analyst at Moor Insights and Strategy, says that the deal will improve and expand the security stance of the company. Moorhead told me that the Mandiant acquisition opens the door to any cloud or on premise configuration.

After the acquisition of Siemplify for security, Neil MacDonald believes that it is building a strong security business.

He said that the acquisition would help the company improve its security argument, especially for potential customers who still worry about security in the cloud.

The data shows that Mandiant raised $70 million along the way. The company was sold for $1 billion. The two companies were sold to a private equity group for over a billion dollars.

Kevin Mandiant said the deal was designed to make Mandiant a stand-alone business. It was more expensive than FireEye was.

Mandiant said that the acquisition gave his company access to the scale and resources of the cloud.

Mandiant stockholder approval is required before the transaction gets to the finish line. A close date is predicted later this year by the companies.