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Fortinet, Inc. is an American cybersecurity company with headquarters in Sunnyvale, California. The company develops and sells security solutions like firewalls , endpoint security and intrusion detection systems .
Meru Networks was founded in 2002 to address issues with legacy wireless networking architectures that support two separate access networks: a wired network for business-specific applications and a wireless network for casual use.
However, Fortinet, Sunnyvale, Calif.-based Fortinet has signed a definitive agreement to acquire privately held enterprise application delivery company Coyote Point Systems, the companies ...
[18] [19] In September, cybersecurity firm Fortinet made a $75 million investment in Linksys. [18] [20] Their focus is on the security of home networks for remote workplaces. [21] On September 24, 2021, Fortinet invested an additional $85 million in cash for shares of Series A Preferred Stock of Linksys. [22] Mark Sanders became CFO in October ...
About Fortinet Fortinet (NASDAQ: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere you need it with the largest integrated portfolio of over 50 enterprise-grade products.
Ken Xie (Chinese: 谢青; pinyin: Xiè Qīng) is an American billionaire businessman who founded Systems Integration Solutions (SIS), NetScreen, and Fortinet. He is CEO of Fortinet, a cybersecurity firm based in Silicon Valley. Xie was previously the CEO of NetScreen, which was acquired by Juniper Networks for $4 billion in 2004.
The company has made five acquisitions with a value greater than $1 billion: LifeLock was acquired on Feb 9, 2017 for $2.3 billion, Blue Coat Systems was acquired on Aug 1, 2016 for $4.65 billion, VeriSign was acquired on May 19, 2010, for $1.250 billion, Altiris was acquired on April 6, 2007, for $1.038 billion, and Symantec purchased Veritas ...
On October 31, 2016, Extreme Networks announced that it completed the acquisition of Zebra Technologies' [7] wireless LAN business for about $55 million. On March 7, 2017, Extreme Networks announced its intention to acquire Avaya's networking business in a transaction valued at $100 million. The acquisition officially closed on July 17, 2017.