Google Pays Half A Billion Dollars for Security Guard Siemplify

Google will now integrate Siemplify into its cloud offering. According to Reuters, it is the first Israeli cybersecurity company to acquire it.

 

Google pays half a billion dollars for security guard Siemplify
The acquisition is confirmed by both parties but without financial details. Sources tell Reuters that Google will pay $500 million for the company.

Siemplify offers a cloud-based platform for managing security operations and orchestration. The company is led by co-founder Amos Stern and has previously raised $58 million from G20 Ventures and 83North, among others.

The company already had a partnership with Google Cloud. However, through the acquisition, it will now be fully integrated into Google Cloud, becoming a foundation for new cybersecurity features.

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