Mandiant spikes 16% on report Google is in talks to acquire the company https://www.cnbc.com/2022/03/07/mandiant-shares-rise-talks-google-acquisition.html
Google is the latest suitor to try and acquire top cyber security company Mandiant. This is after Microsoft started discussing acquisition a few weeks back. With the Ukraine conflict and increase in hacking, there is more focus on cyber security companies.
Mandiant has been at the forefront in detecting and publishing cyber attacks and loopholes and is best know for identifying 'Solarwinds' hacking issue last year.
Mandiant sold the legacy capital heavy and low ROI unit of Fireeye late last year and is now more nimble and fast growing.
Unlike other cyber security companies, Mandiant has a lower Market cap of $4+ billion and is an easy takeover target.
Leave a Reply