Chronicle is set to expand its presence in Europe by building a new facility for virus hunters in Málaga, Spain. In a market that is expected to reach $96 billion, Chronicle is Google’s sister companies owned by Alphabet. the expansion of the facility is in line with company’s strategy that includes supporting customers in Europe and building a talented employee pool that helped create one of its most valuable sources of data, VirusTotal.
VirusTotal was founded in 2004 in Málaga and Google bought the company in 2012. VirusTotal initially started as a free service for corporation in which the corporations could submit files to be analyzed to see if any malicious software. Chronicle plans to offer data-driven artificial intelligence services that can predict corporate cyber security problems ahead of time which additionally helps as many corporations already provide their threat data to VirusTotal.
According to CEO Stephen Gillett:
Many of the [VirusTotal] team members are from the region. After VirusTotal became part of Chronicle, we increased our investment in the team and technology; we decided to continue to grow in Málaga. Having the core team located in Spain, with counterparts here in the U.S., allows us to support global customers more easily.”
the new facility is expected to be housed within the University of Málaga. The hiring will be mainly of software engineers specializing in “information retrieval, distributed computing, large-scale system design, malware analysis and threat hunting.”
Google is an American multinational technology company founded in 1996 by Larry Page and Sergey Brin. Together, they own about 14 percent of its shares and control 56 percent of the stockholder voting power through super-voting stocks.
In August 2015, Google announced plans to reorganize its various interests as a conglomerate called Alphabet. Google is Alphabet’s leading subsidiary. Upon completion of the restructure, Sundar Pichai became CEO of Google, replacing Larry Page, who became CEO of Alphabet.
Google has been the second most valuable brand in the world for 4 consecutive years generating revenue of approximately $75 billion in 2015.