Google confirms it acquired cybersecurity specialist Siemplify, reportedly for $500M, to become part of Google Cloud’s Chronicle | Tech Crunch

Cybersecurity breaches have become all too common these days. With these, Google has opted to purchase Siemplify, a cybersecurity firm located in Israel that focuses on end-to-end security services for businesses, also known as security orchestration, automation, and response (SOAR) services. Google is said to have paid $500 million on the deal. In the area of cybersecurity, Google’s acquisition comes at a vital time. The wider picture is that security breaches aren’t going away, a scenario fueled by increasingly sophisticated techniques from bad hackers and an ever-more appealing target as businesses and consumers move more of their infrastructure and daily activities online and into the cloud. 

Source: https://techcrunch.com/2022/01/04/google-confirms-it-acquired-cybersecurity-specialist-siemplify-reportedly-for-500m-to-become-part-of-google-clouds-chronicle/