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Google is officially buying threat intelligence and incident response company Mandiant in an all-cash deal approximately valued at $5.4 billion, the two technology firms announced Tuesday.

Mandiant is expected to be folded into Google Cloud upon the closure of the acquisition, which is slated to happen later this year, adding to the latter’s growing portfolio of security offerings such as BeyondCorp EnterpriseVirusTotalChronicle, and the Cybersecurity Action Team.

“Today, organizations are facing cybersecurity challenges that have accelerated in frequency, severity and diversity, creating a global security imperative,” Google said in a statement.

“To address these risks, enterprises need to be able to detect and respond to adversaries quickly; analyse and automate threat intelligence to scale threat detection across organizations; orchestrate and automate remediation; validate their protection against known threats; and visualize their IT environment in order to identify and simulate new threats.”

images from Hacker News