talks to buy cybersecurity firm Mandiant, the Information reported on Monday, citing a person with knowledge of the discussion.The company, which has a market capitalisation of about $4.53-billion, focuses on cyber-incident response and cybersecurity testing.
A deal could bolster Google’s cloud computing business, which generates more than US$19-billion annually but has been losing billions of dollars a year, and help it compete with bigger rival Microsoft, which also is reportedly interested in buying Mandiant, the report added. Mandiant became a standalone entity again last year when FireEye, which acquired the company in 2013, sold its products business and the FireEye name for $1.2-billion to a consortium led by private equity firm Symphony Technology Group.Mrinalika Roy, 2022 Reuters