Google Acquires Siemplify For $500M

Google-confirms-it-acquired-cybersecurity-specialist-Siemplify-for-$500M

Google’s acquisition comes at a critical time in the world of cybersecurity

Google confirmed that it has acquired Siemplify, a cybersecurity startup that specialises in end-to-end security services for enterprises, typically referred to as security orchestration, automation and response (SOAR) services. Google and Siemplify‘s CEO and co-founder Amos Stern have both confirmed the acquisition, noting that Siemplify will be integrated into Google Cloud Platform, and specifically its Chronicle operation.

“We’re excited to join Google Cloud and build on the success we’ve had in the market helping companies address growing security threats. Together with Chronicle’s rich security analytics and threat intelligence, we can truly help security professionals transform the security operations center to defend against today’s threats,” said Amos Stern, CEO, Siemplify.

Also Read: Did You Know About Google’s Multi-Cloud Vision?

Siemplify has its head office now in New York, the company was founded and still has R&D operations in Israel, which would make this Google’s first cyber acquisition out of the country.

Sunil Potti, GM, Google Cloud Security said, “The Siemplify platform is an intuitive workbench that enables security teams to both manage risk better and reduce the cost of addressing threats. Siemplify allows Security Operation Center analysts to manage their operations from end-to-end, respond to cyber threats with speed and precision, and get smarter with every analyst interaction. The technology also helps improve SOC performance by reducing caseloads, raising analyst productivity, and creating better visibility across workflows.”

Chronicle was built as a platform designed for cybersecurity telemetry; specifically tracking the movement of data across all devices and networks, as a way of getting a clue to detecting and stopping breaches. Siemplify’s capabilities into Chronicle in ways that help enterprises modernize and automate their security operations.