The Israeli company will form the basis for Google’s cyber operations in the country and be part of the technology giant’s cloud activities
Calcalist has learned that Google is acquiring the Israeli cybersecurity startup Siemplify. The purchase price is estimated at $ 500 million and marks the first time the tech giant has bought an Israeli company that operates in the cybersecurity sector. Siemplify has 200 employees in Israel, the USA and London who will move to Google after the takeover. Google will use Siemplify to lay the foundation for its cybersecurity activities in Israel, which will be part of the company’s cloud operations. The co-founders of Siemplify will be continued in the company.
Google CEO Sundar Pichai promised US President Joe Biden in August 2021 that the company would invest $ 10 billion in cybersecurity over the next five years. Google’s plans include expanding zero trust programs, …