HomeNewsbusinessGoogle buys Israeli security startup Siemplify for $500 million

Google buys Israeli security startup Siemplify for $500 million

Google buys Israeli security startup Siemplify for $500 million – Alphabet Inc-owned Google’s cloud division has brought Israeli security startup Siemplify for $500 million.

  • Israeli security startup Siemplify will act as the U.S. tech giant expands its security offerings amid rising cyber-attacks.
  • Google announced to invest $10 billion in cybersecurity over the next five years due to a significant rise in cyber-attacks and data breaches.
  • Google will integrate Siemplify’s platform into its cloud and will serve as the foundation for the capabilities it will invest in.

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About Siemplify

  • Siemplify is leading by co-founder and chief executive Amos Stern.
  • it offers security orchestration, automation and response solutions.

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