Company Of The Day: Alphabet

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GOOG: Alphabet logo
GOOG
Alphabet

What?

Alphabet (NASDAQ:GOOG), Google’s parent company, will acquire cybersecurity company Mandiant in a $5.4 billion all-cash deal.

So What?

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The deal could help to bolster the cybersecurity capabilities of Google’s fast-growing cloud computing division. Cybersecurity is an increasing priority for cloud customers, following a number of high-profile cyberattacks in recent years.

See Our Complete Analysis For Alphabet

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