Google Cloud acquires Israeli security startup Siemplify

 

The SOAR specialist has been described as “the missing piece” for Google’s Chronicle platform

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The Google Cloud company logo fixed onto an office building

Google Cloud has announced the acquisition of Simplify, an Israeli-based cyber security company that specializes in end-to-end security for enterprises.

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The exact terms of the deal were not announced, though Reuters reports it is worth around $500 million.

Acquisition rumours were reported in the Israeli press just before Google Cloud made an official announcement on Tuesday. The CEO and co-founder of Siemplify, Amos Stern, also noted that his company is to be integrated into Google Cloud’s Chronicle platform.

Founded in 2015, Siemplify is another example of the growing tech prowess of Israel, which has become a hotbed for new startups and data-centric businesses. Much like digital footprint tracking service Mine, Siemplify is another Israeli company founded by former members of the country’s military intelligence agencies.

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