Google acquires Israeli cybersecurity startup Siemplify for $500 mn

Israeli cybersecurity startup Siemplify

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:

  1. Which company has acquired Israeli cybersecurity startup Siemplify?
  2. Cybersecurity startup Siemplify which has been acquired by Google is from which country?
  3. Deal price?

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