Risk, returns & timeframes illustration
1 min read
March 14, 2022
by

Google’s locking down cloud security

Google’s been shopping but not everyone reckons everything in their cart’s a fit. Is this just a game of catch up and could Amazon and Microsoft buy their way ahead? 🛍️
1 min read
March 14, 2022
by

Google’s locking down cloud security

Google’s been shopping but not everyone reckons everything in their cart’s a fit. Is this just a game of catch up and could Amazon and Microsoft buy their way ahead? 🛍️
1 min read
March 14, 2022
by

Google’s locking down cloud security

Google’s been shopping but not everyone reckons everything in their cart’s a fit. Is this just a game of catch up and could Amazon and Microsoft buy their way ahead? 🛍️
Table of contents
Getting Started Investing course
Free Getting Started Course
Take your first, or next, step to becoming a confident investor with Hatch's free online course – just 10 minutes a day, for 10 days.
The Fry up logo with fried egg
Weekly news from Wall St
Subscribe to The Fry Up - your weekly sizzle of headline-grabbing share market news. Read by 60,000 Kiwis to help them take charge of their investing journey.

Google search might be beating Bing in the popularity stakes, but not everyone’s a fan(g) of the tech titan, or their latest shopping spree. 🛍️ Google’s weathering a wave of Justice Department antitrust lawsuits, and even the Googleplex architect has labelled the behemoth’s headquarters - complete with nap pods and Buddha bowls - as ‘dangerous’. Now folks are wading into Google’s play to buy cybersecurity firm Mandiant (MNDT).

Mandiant CEO, Air Force vet Kevin Mandia, hopes the sale will propel the automated cloud security mission that he began when he founded Mandiant in 2004 - when nation-state cyber attacks weren’t hold the front page news. Former chief executive Dave DeWalt agrees the acquisition could bolster Google to become ‘the most powerful company in the world when it comes to security’. But he cautions that merging a company of nearly 1,000 security and intelligence analysts with one that ‘sells products’ is a recipe for one popcorn-worthy culture clash …possibly more awkward than Whole Foods and Amazon. 😬 

Cyberwarfare’s a hot topic. And if regulators sign off on parent company Alphabet (GOOGL and GOOG) and Google’s US$5.4 billion purchase - the multinational’s second largest acquisition after Motorola Mobility in 2012 (later sold to Lenovo) - it’s likely to lock down Google Cloud’s security strength. It may even prompt cloud tech owners Amazon (AMZN) and Microsoft (MSFT) boost their own offerings, with CyberArk (CYBR), Ping (PING), Qualys (QLYS), Rapid7 (RPD), SailPoint (SAIL), Tenable (TENB) and Varonis (VRNS) all potential contenders for the shopping trolley. 🛒

For now, Google’s playing catch-up. According to Synergy Research Group, at the end of 2021, despite reporting 47% sales growth, Google Cloud held just 10% of the cloud-infrastructure provider market, less than half Microsoft’s Azure at 21%, and well below Amazon Web Services, sitting at 33%. Assuming regulatory approval, the Mandiant sale’s due to close later this year.

We’re not financial advisors and Hatch news is for your information only. However dazzling our writing, none of it is a recommendation to invest in any of the companies or funds mentioned. If you want support before making any investment decisions, consider seeking financial advice from a licensed provider. We’ve done our best to ensure all information is current when we pushed ‘publish’ on this article. And of course, with investing, your money isn’t guaranteed to grow and there’s always a risk you might lose money.

Join the Kiwis who are hatching their tomorrow and have invested more than $1 billion with Hatch.

Explore another series
Tax
Money
Economy
Investing

More recent news articles

Recent learn articles

6 min read
Jul 9, 2024

Can Nike’s Olympic dream rebound stock after 20% plummet?

Kiwi athletes are not the only ones aiming for Olympic gold in Paris this July. Nike is pinning hopes on the ‘pinnacle’ event to gain exposure, with the Olympic Committee for the first time allowing non-sponsor brands to post Olympic content in social media. Could the Games help Nike reach for gold, up from their expected 10% sales dip?
Read more
7 min read
Jun 19, 2024

Apple Intelligence sparks ‘record-high’ stock bounce back

It’s been called ‘killer AI’ and ‘groundbreaking’, but is Apple’s play for AI supremacy a simple game of catch up? Or has Apple changed the AI game forever? The difference between Apple Intelligence and other Big Tech AI is their custom silicon chip built into Apple devices. The result is seamless, high speed, accurate AI integration. So what does it mean for investors?
Read more
6 min read
May 28, 2024

The US vs Live Nation; stocks fall nearly 8% in a day

Following Ticketmaster’s Taylor Swift ticketing blunder, Tay-Tay's fans united fans to sue music event behemoth Live Nation. Now, after two years of investigation, the US Department of Justice has banded together with nearly 30 US states and have sued parent, Live Nation Entertainment. So what do they allege, and can they win?
Read more

Related news articles

More recent learn articles

No items found.

Recent news articles

More recent learn articles

6 min read
Jul 9, 2024

Can Nike’s Olympic dream rebound stock after 20% plummet?

Kiwi athletes are not the only ones aiming for Olympic gold in Paris this July. Nike is pinning hopes on the ‘pinnacle’ event to gain exposure, with the Olympic Committee for the first time allowing non-sponsor brands to post Olympic content in social media. Could the Games help Nike reach for gold, up from their expected 10% sales dip?
Read more
7 min read
Jun 19, 2024

Apple Intelligence sparks ‘record-high’ stock bounce back

It’s been called ‘killer AI’ and ‘groundbreaking’, but is Apple’s play for AI supremacy a simple game of catch up? Or has Apple changed the AI game forever? The difference between Apple Intelligence and other Big Tech AI is their custom silicon chip built into Apple devices. The result is seamless, high speed, accurate AI integration. So what does it mean for investors?
Read more
6 min read
May 28, 2024

The US vs Live Nation; stocks fall nearly 8% in a day

Following Ticketmaster’s Taylor Swift ticketing blunder, Tay-Tay's fans united fans to sue music event behemoth Live Nation. Now, after two years of investigation, the US Department of Justice has banded together with nearly 30 US states and have sued parent, Live Nation Entertainment. So what do they allege, and can they win?
Read more