Google is formally shopping for risk intelligence and incident response firm Mandiant in an all-cash deal roughly valued at $5.4 billion, the 2 expertise companies introduced Tuesday.

Mandiant is predicted to be folded into Google Cloud upon the closure of the acquisition, which is slated to occur later this yr, including to the latter’s rising portfolio of safety choices reminiscent of BeyondCorp Enterprise, VirusTotal, Chronicle, and the Cybersecurity Motion Workforce.

“At this time, organizations are going through cybersecurity challenges which have accelerated in frequency, severity and variety, creating a worldwide safety crucial,” Google stated in a press release.

“To deal with these dangers, enterprises want to have the ability to detect and reply to adversaries shortly; analyze and automate risk intelligence to scale risk detection throughout organizations; orchestrate and automate remediation; validate their safety in opposition to recognized threats; and visualize their IT surroundings with a purpose to determine and simulate new threats.”

Mandiant grew to become a standalone entity once more in June 2021 when FireEye, which acquired the corporate in 2013, bought its merchandise enterprise and the FireEye model for $1.2 billion to a consortium led by private-equity agency Symphony Know-how Group.

Symphony, which additionally acquired McAfee Enterprise for $4 billion in March 2021, mixed the 2 companies to launch Trellix earlier this yr.

The cybersecurity agency is greatest recognized for uncovering and investigating the availability chain compromise of SolarWinds, a devastating cyber assault that affected 1000’s of its downstream clients and went unnoticed for months till its discovery in December 2020.

“The acquisition will complement Google Cloud’s present strengths in safety,” Mandiant stated, stating the deal will “ship an end-to-end safety operations suite with even better capabilities in addition to advisory companies serving to clients tackle crucial safety challenges and keep protected at each stage of the safety lifecycle.”