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Google Buys Cybersecurity Firm Mandiant for $5.4 Billion

Google Buys Cybersecurity Firm Mandiant for $5.4 Billion
Mar 08, 2022
Google is officially buying threat intelligence and incident response company Mandiant in an all-cash deal approximately valued at $5.4 billion, the two technology firms announced Tuesday. Mandiant is expected to be folded into Google Cloud upon the closure of the acquisition, which is slated to happen later this year, adding to the latter's growing portfolio of security offerings such as BeyondCorp Enterprise , VirusTotal , Chronicle , and the Cybersecurity Action Team . "Today, organizations are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative," Google  said  in a statement. "To address these risks, enterprises need to be able to detect and respond to adversaries quickly; analyze and automate threat intelligence to scale threat detection across organizations; orchestrate and automate remediation; validate their protection against known threats; and visualize their IT environment i

IBM Buys "Red Hat" Open-Source Software Company for $34 Billion

IBM Buys "Red Hat" Open-Source Software Company for $34 Billion
Oct 29, 2018
It's been quite a year for the open source platforms. Earlier this year, Microsoft acquired popular code repository hosting service GitHub for $7.5 billion , and now IBM has just announced the biggest open-source business deal ever. IBM today confirmed that it would be acquiring open source Linux firm Red Hat for $190 per share in cash, working out to a total value of approximately $34 billion. Red Hat, known for its Red Hat Enterprise Linux (RHEL) operating system, is a leading software company that offers open-source software products to the enterprise community. Even Oracle uses Red Hat's source code for its Oracle Linux product. Red Hat's last year revenue was $2.4 billion, and this year the company has earned $2.9 billion. But if Red Hat products are open source and updates are free, you might be wondering how does the company earn. Red Hat was one of the first companies who found a successful way to make money from free open-source software. It offers consul

Cracking the Code to Vulnerability Management

SaaS
websitewiz.ioVulnerability Management / Cloud Security
Vulnerability management in the cloud is no longer just about patches and fixes. In this latest report, the Wiz Security Research team put vulnerability management theory into practice using recently identified vulnerabilities as examples. Get the FREE report.

Make a Fresh Start for 2024: Clean Out Your User Inventory to Reduce SaaS Risk

Make a Fresh Start for 2024: Clean Out Your User Inventory to Reduce SaaS Risk
Dec 04, 2023SaaS Security / Data Security
As work ebbs with the typical end-of-year slowdown, now is a good time to review user roles and privileges and remove anyone who shouldn't have access as well as trim unnecessary permissions. In addition to saving some unnecessary license fees, a clean user inventory significantly enhances the security of your SaaS applications. From reducing risk to protecting against data leakage, here is how you can start the new year with a clean user list.  How Offboarded Users  Still  Have Access to Your Apps When employees leave a company, they trigger a series of changes to backend systems in their wake. First, they are removed from the company's identity provider (IdP), which kicks off an automated workflow that deactivates their email and removes access to all internal systems. When enterprises use an SSO (single sign-on), these former employees lose access to any online properties – including SaaS applications – that require SSO for login.  However, that doesn't mean that former employee

Oracle acquires DNS provider Dyn for more than $600 Million

Oracle acquires DNS provider Dyn for more than $600 Million
Nov 22, 2016
Yes, Oracle just bought the DNS provider company that brought down the Internet last month. Business software vendor Oracle announced on Monday that it is buying cloud-based Internet performance and Domain Name System (DNS) provider Dyn. Dyn is the same company that was hit by a massive distributed denial of service (DDoS) attack by the Mirai botnet last month which knocked the entire Internet offline for a few hours, crippling some of the world's biggest and most popular websites. Since the company provides cloud-based DNS service to customers such as Spotify, Netflix, Twitter and Pfizer, the acquisition will help Oracle's cloud customers to optimize their infrastructure costs and performance. According to the press release , the Dyn acquisition "extends the Oracle cloud computing platform and provides enterprise customers with a one-stop shop for Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS)." "Oracle Cloud customers will

Verizon Set to Buy Yahoo for $5 Billion — Here's Why a Telecom is so Interested!

Verizon Set to Buy Yahoo for $5 Billion — Here's Why a Telecom is so Interested!
Jul 22, 2016
Finally, Someone has come forward to buy Yahoo! Guess Who? The telecommunication giant Verizon . Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo's core business for about $5 Billion, according to a report from Bloomberg. Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo's assets the deal would include. "In order to preserve the integrity of the process, we're not going to comment on the issue until we've finalized an agreement," a Yahoo spokeswoman said in a statement provided to CNNMoney. You might be wondering Why Verizon is buying Yahoo! Well, I'll come to it in the second half of my article, because before discussing this point, let's first focus on why Yahoo! wants to get acquired. Why Yahoo Was Up For Sale? Founded in 1995, Yahoo! was once the brightest star of the Web. But when its rivals including Google, Facebook and even few-years-old com

Breaking: Microsoft to buy LinkedIn for $26.2 BILLLLLION

Breaking: Microsoft to buy LinkedIn for $26.2 BILLLLLION
Jun 13, 2016
Breaking News for today: Microsoft has announced that it is planning to acquire LinkedIn, the social network for professionals, for $26.2 Billion in cash. Yes, Microsoft announced today that it would buy LinkedIn for $196 per share in an all-cash transaction valued at $26.2 BILLLLLLION. It is so far the biggest acquisition made by Microsoft, which has made 8 takeovers, including Skype in 2011 and Nokia in 2013, worth more than $1 Billion. According to the tech giant, LinkedIn will retain its own brand and product, and also LinkedIn's existing CEO Jeff Weiner will remain as the company's chief executive. LinkedIn will now become a part of Microsoft's productivity, and business processes segment and Weiner will report directly to Microsoft CEO Satya Nadella. Here's what Nadella said about the deal: "The LinkedIn team has grown a fantastic business centered on connecting the world's professionals. Together we can accelerate the growth of Linked

Record-Breaking Deal: Dell to Buy EMC for $67 Billion

Record-Breaking Deal: Dell to Buy EMC for $67 Billion
Oct 12, 2015
Yes, Dell is going to acquire data storage company EMC in a deal worth $67 BILLLLLLION – the largest tech deal of all time. It's record-breaking... Computing giant Dell on Monday finally confirmed that the company is indeed going to purchase the company for creating what it calls " the world's largest privately-controlled, integrated technology company. " Most of you might not have heard of EMC corporation, but it is a tech titan that operates many of the services you use nowadays. EMC offers data center storage and data processing for big technology companies, and now it is been acquired by Dell. " The combination of Dell and EMC creates an enterprise solutions powerhouse bringing our customers industry leading innovation across their entire technology environment, " Michael Dell, CEO and chairman of Dell, said in a statement . The acquisition will benefit Dell to create a new company that will sell a broad range of both consumer as well as
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