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coopreme · 4 years ago
What a steal. I hope this doesn’t change any of their threat sharing culture or reports.
melony · 4 years 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 · 4 years 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

tims33 · 4 years 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.
trhway · 4 years 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.
la64710 · 4 years ago
Just curious - did the consultants working there made anything out of this deal?
phendrenad2 · 4 years ago
Off-topic, but Kevin Mandia is one of those guys I could listen to all day.
bushbaba · 4 years 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 · 4 years ago
I don’t see the connection between the two?
slt2021 · 4 years ago
how they plan to monetize it?
tut-urut-utut · 4 years 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.

formvoltron · 4 years ago
Huh. And I thought that cyber security was pretty much a fake threat and fake technology.
Tenemo · 4 years ago
Am I missing some Google-joke here?
dcow · 4 years 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!