Jeff Pollard, vice president and principal analyst at Forrester, said Google’s cloud business is “catching up with Microsoft in cybersecurity,” forcing Google “to pay a premium and be more aggressive.” With this acquisition, he said, Google has “signalled” that it is ready to do just that.
The deal comes at a time when companies may feel heightened cybersecurity concerns given the war between Russia and Ukraine. In recent weeks, US officials have warned businesses and local governments of the threat of cybersecurity attacks, given that Russian hackers have previously targeted US targets.
Mandiant was launched in 2004 and was acquired by FireEye in 2013. It became an independent company after FireEye sold its product business last year for $1.2 billion.
The acquisition of Google is expected to be finalized later this year.