Google Cloud strengthened its security offering this week with the $ 500 million purchase from Siemplify, the developer of one of the most popular security orchestration, automation, and response (SOAR) systems on the market. Experts said Technical monitor that Google is not trying to gain an advantage over the other large public cloud providers, but wants to use the purchase to take on traditional security providers who offer cloud security options.
Reports of Google’s interest in the Israeli company Siemplify first surfaced last week, and the deal was confirmed late Tuesday. Although the terms were not disclosed, the purchase price was widely quoted at $ 500 million. As part of the deal, Siemplify’s systems will be integrated into Google’s own cloud security product Chronicle.
“Siemplify is an intuitive workbench that ensures security …