
Analysts noted that Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announced an all-cash acquisition for cyber security vendor Mandiant Inc (NASDAQ:MNDT) for $23 per share, valued at $5.4 billion.
This deal is all about Mandiant being further integrated into Google Cloud with more cyber threats facing enterprises/governments on the transformational shift to cloud and Mandiant establishing itself as "the Navy Seals of cyber security" over the last decade, Wedbush analyst Daniel Ives contended.