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Google acquires cyber security startup 'Siemplify'

Google acquires cyber security startup 'Siemplify'

Google acquires cyber security startup 'Siemplify'
Google acquires cyber security startup 'Siemplify'

Google cloud division has acquired a startup 'Siemplify'

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Recently, Alphabet Inc's company Google announced that its cloud division has acquired a startup 'Siemplify'.

According to the information received, Google has paid about $500 million for this acquisition.

The company has taken this decision to expand the company's security offerings amid increasing cyber-attacks.

This has been made because of the significant increase in the cases of cyber-attacks and data breaches in the last few years.

The acquisition follows Google's pledge to invest $10 billion in cyber security over the next five years.

 

What is a Siemplify entity?

Siemplify is an Israeli cyber security startup, founded in 2015 in Tel Aviv, Israel.

Amos Stern, Alon Cohen, and Garry Fatakhov are the founders of this security startup.

Siemplify is a SOAR solution that stands for "Security Orchestration Automation and Response".

It provides a better, simpler, more efficient way to manage security operations.

 

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