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Google Cloud to acquire Mandiant for $5.4B

104 points by dola 5y ago

coopreme 5y ago
What a steal. I hope this doesn’t change any of their threat sharing culture or reports.
- melony 5y ago
  The valuation is surprisingly low given the brand, FireEye bought it for 4.5B back in the day. I would expect a higher sales price.
  - avrionov 5y ago
    FireEye bought it for about $1B. The deal is great because they had to restructure and sell former FireEye business. https://en.wikipedia.org/wiki/Mandiant https://en.wikipedia.org/wiki/Mandiant
formvoltron 5y ago
Huh. And I thought that cyber security was pretty much a fake threat and fake technology.
- Tenemo 5y ago
  Am I missing some Google-joke here?
  - dcow 5y ago
    Considering this is HN, you likely simply got a good night's sleep and aren't overly cynical and angsty about the technology landscape today. Cheers to a good day!
tentacleuno 5y ago
Dupe: https://news.ycombinator.com/item?id=30598841 https://news.ycombinator.com/item?id=30598841
bushbaba 5y ago
Yet they laid off nearly 100 us based support reps. 5.4B is more than a 100 years worth of wages for those laid off.
- namdnay 5y ago
  I don’t see the connection between the two?
tut-urut-utut 5y ago
Glad I never used it. Now it's the time to start migrating away, Google will make it: - more expensive - more bloated all while making it: - less useful - dumbed down and in the end - retire it with a short notice.
phendrenad2 5y ago
Off-topic, but Kevin Mandia is one of those guys I could listen to all day.
tims33 5y ago
With 600 consultants that is $9M per consultant. I realize they analysts and other staff, but compared to other consulting acquisitions which are often <$500k per consultant. Consultants are notoriously difficult to retain and often clash with new cultures. This time is obviously incredibly specialized which makes them different and I'm sure Google made sure there are strong retention bonuses, but it is a pretty incredible price.
- la64710 5y ago
  Just curious - did the consultants working there made anything out of this deal?
- trhway 5y ago
  Probably Google Cloud mostly pays for the enterprise customers as the customers seems to be the main issue for the GCP, not the technical aspects of security. And for the going price per head in the tech - Showflake recently bought "PHP, only in Python" company for ~12M/head.
slt2021 5y ago
how they plan to monetize it?

104 points by dola 5y ago

coopreme 5y ago

What a steal. I hope this doesn’t change any of their threat sharing culture or reports.

melony 5y ago
The valuation is surprisingly low given the brand, FireEye bought it for 4.5B back in the day. I would expect a higher sales price.
- avrionov 5y ago
  FireEye bought it for about $1B. The deal is great because they had to restructure and sell former FireEye business. https://en.wikipedia.org/wiki/Mandiant https://en.wikipedia.org/wiki/Mandiant

formvoltron 5y ago

Huh. And I thought that cyber security was pretty much a fake threat and fake technology.

Tenemo 5y ago
Am I missing some Google-joke here?
- dcow 5y ago
  Considering this is HN, you likely simply got a good night's sleep and aren't overly cynical and angsty about the technology landscape today. Cheers to a good day!

tentacleuno 5y ago

Dupe: https://news.ycombinator.com/item?id=30598841 https://news.ycombinator.com/item?id=30598841

bushbaba 5y ago

Yet they laid off nearly 100 us based support reps. 5.4B is more than a 100 years worth of wages for those laid off.

namdnay 5y ago
I don’t see the connection between the two?

tut-urut-utut 5y ago

Glad I never used it. Now it's the time to start migrating away, Google will make it: - more expensive - more bloated all while making it: - less useful - dumbed down and in the end - retire it with a short notice.

phendrenad2 5y ago

Off-topic, but Kevin Mandia is one of those guys I could listen to all day.

tims33 5y ago

With 600 consultants that is $9M per consultant. I realize they analysts and other staff, but compared to other consulting acquisitions which are often <$500k per consultant. Consultants are notoriously difficult to retain and often clash with new cultures. This time is obviously incredibly specialized which makes them different and I'm sure Google made sure there are strong retention bonuses, but it is a pretty incredible price.

la64710 5y ago
Just curious - did the consultants working there made anything out of this deal?
trhway 5y ago
Probably Google Cloud mostly pays for the enterprise customers as the customers seems to be the main issue for the GCP, not the technical aspects of security. And for the going price per head in the tech - Showflake recently bought "PHP, only in Python" company for ~12M/head.

slt2021 5y ago

how they plan to monetize it?