Categories: Business

Google acquires Israeli cybersecurity startup Siemplify for $500 million

Alphabet Inc-owned, Google has acquired Israeli cybersecurity startup Siemplify, in a deal worth $500 million. This acquisition will expand the 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.

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About the Acquisition:

This purchase marks the 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.

Important takeaways for all competitive exams:

Google CEO: Sundar Pichai;
Google Founded: 4 September 1998, California, United States;
Google Founders: Larry Page, Sergey Brin.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.