The acquisition has a price tag of $5.4 billion.

This morning, tech giant Google announced that they would be making a major acquisition in the form of cybersecurity firm Mandiant. Google is looking to acquire this company in order to bolster their own cloud computing department, specifically to provide improved security options for users.

Google will be buying up all of Mandiant’s outstanding stock at $23 per share, totaling in a price tag of roughly $5.4 billion. Assuming regulatory bodies don’t find any fault with this deal, it will be the second-large acquisition Google has ever made, dwarfed only by its 2012 acquisition of Motorola Mobility to the tune of $12.5 billion.

“Organizations around the world are facing unprecedented cybersecurity challenges as the sophistication and severity of attacks that were previously used to target major governments are now being used to target companies in every industry,” Thomas Kurian, CEO of Google Cloud, said in a statement.

“We look forward to welcoming Mandiant to Google Cloud to further enhance our security operations suite and advisory services, and help customers address their most important security challenges.”

Google said it agreed to buy cybersecurity company Mandiant for $23 a share in an all-cash deal valued at about $5.4 billion https://t.co/xbfbPOHYOU

— The Wall Street Journal (@WSJ) March 8, 2022

Analysts believe this is a smart acquisition on Google’s part, as cybersecurity is becoming a much more pressing concern as time goes on. Google’s various systems have become critical pieces of public infrastructure, which means if they were attacked and disabled, it could cause widespread problems.

“With cyber attacks increasing by the day and cyber warfare underway from Russia/state sponsored cyber terrorism organizations, Google is doubling down on its cyber security footprint at the right time with Mandiant and looking to differentiate itself from the likes of behemoths Microsoft and Amazon in the cloud arms race,” Wedbush analyst Dan Ives said in a note to investors.