Google acquires Israeli cybersecurity startup Siemplify for $500 mn
- Alphabet Inc-owned Google has acquired Israeli cybersecurity startup Siemplify, in a deal worth $500 million. This acquisition will expand U.S. tech giant’s security offerings in the country amid rising cyber attacks.
- Siemplify will be integrated into Google Cloud’s Chronicle operation.
- As a part of Google Cloud’s security team, Siemplify will help companies better manage their threat response.
- This purchase marks fourth acquisition of an Israeli company by Google and its first in the cybersecurity industry outside the US.
- Siemplify was founded in 2015 by Amos Stern (CEO), Alon Cohen (CTO) and Garry Fatakhov (COO). It has offices in Tel Aviv and headquarters in New York.
- Siemplify specializes in end-to-end security services for enterprises, typically referred to as security orchestration, automation and response (SOAR) services.
Points to Remember:
- Which company has acquired Israeli cybersecurity startup Siemplify?
- Cybersecurity startup Siemplify which has been acquired by Google is from which country?
- Deal price?