On March 8, 2022, Mandiant announced that it has entered into a definitive agreement to be acquired by Google for $23.00 per share in an all-cash transaction valued at approximately $5.4 billion, inclusive of Mandiant’s net cash. The offer price represents a 57 percent premium to the undisturbed 10-day trailing volume weighted average price as of February 7, 2022, the last full trading day prior to published market speculation regarding a potential sale of the company. Upon the close of the acquisition, Mandiant will join Google Cloud. The acquisition will complement Google Cloud’s existing strengths in security. Together with Mandiant, Google Cloud will deliver an end-to-end security operations suite with even greater capabilities as well as advisory services helping customers address critical security challenges and stay protected at every stage of the security lifecycle.
The Wilson Sonsini Goodrich & Rosati team that advised Mandiant on the transaction included:
Corporate
Steve Bochner
Doug Schnell
Melissa Hollatz
Kathy Ku
Broderick Henry
Tracy Sevush
Amanda Hartman
Mark Bass
Employment Benefits and Compensation
Sriram Krishnamurthy
Matthew Norgard
National Security
Josh Gruenspecht
Seth Cowell
Technology Transactions
Adam Shevell
Dena Smith
Caitlyn Bingaman
Employment Litigation
Aren Balabanian
Alex Katsnelson
Privacy and Cybersecurity
Matt Staples
Daniel Chen
Michael O’Brien
Corporate Finance and Governance
Erik Franks
Mike Rosati
Alex Weber
Delaware Corporate
Ryan Greecher
Jane Trueper
Environmental
Martin Sul
Regulatory
Jahna Hartwig
For more information, please see Mandiant's press release.