The company has used ASIC in several of its products, including to support its SD-WAN features. FortiGate was updated to use application-specific integrated circuit (ASIC) architecture. Products and research Products įortinet released its first product, FortiGate, a firewall, in 2002, followed by anti-spam and anti-virus software. In 2021 they sponsored the Fortinet Championship PGA tournament held at Silverado in Napa Valley. OPAQ is a Secure Access Service Edge (SASE) cloud provider based in Herndon, Virginia. In July 2020, Fortinet acquired OPAQ Networks. Also in 2019, Fortinet's FortiGate SD-WAN and Next Generation Firewall received a "Recommended" rating from NSS Labs. In late 2019, Fortinet acquired enSilo and CyberSponse. In September 2019, Fortinet settled a whistleblower lawsuit regarding what the company has described as an "isolated incident" of sales of intentionally mislabeled Chinese-made equipment to U.S. In January 2019, it was announced that Fortinet and founder Ken Xie would participate in the annual World Economic Forum held in Davos, Switzerland. In October 2018, Fortinet acquired ZoneFox, a threat analytics company. In June 2018, Fortinet acquired Bradford Networks, a maker of access control and IoT security solutions. At the end of 2017, Fortinet reported $416.7 million in revenue, a 15 percent increase from the previous year. In January 2017, it was announced that Philip Quade, a former member of the NSA, would become the company's chief information security officer. Also in 2016, Fortinet launched a program called FortiVet to recruit military veterans for cybersecurity jobs. Fortinet donated equipment and provided information to universities to help train students for jobs in the field. In March 2016, Fortinet launched a Network Security Academy to help fill open cyber security jobs in the U.S. In July 2014, Fortinet announced a technical certification program called the Network Security Expert (NSE) program. In June 2016, Fortinet acquired IT security, monitoring and analytics software vendor, AccelOps. The company acquired app-hosting service XDN (formerly known as 3Crowd) in December 2012, Coyote Point in 2013, and Wi-Fi hardware company Meru Networks in 2015. įortinet made four notable acquisitions from 2012 to 2016. īy 2010, Fortinet had $324 million in annual revenues and held the largest share of the unified threat management market according to IDC. By the end of the first day of trading the company had raised $156 million in financing. Just before the first day of trading, Fortinet increased the share price from $9 to $12.50 and the price increased in the market to $16.62. Over 6 million shares were also sold by stockholders. In November 2009, Fortinet had an initial public offering, wherein the company planned to raise $52.4 million through the sale of 5.8 million shares. Also in 2009, CRN Magazine 's survey-based annual report card placed Fortinet first in network security hardware, up from seventh in 2007. Īccording to market research firm IDC, by November 2009 Fortinet held over 15 percent of the unified threat management market. In August 2009, Fortinet acquired the intellectual property and other assets of Woven Systems, an ethernet switching company. Later that year, the company acquired the intellectual property of IPLocks, a database security and auditing company. Growth and expansion įortinet became profitable in the third quarter of 2008.
Fortigate software download code#
The dispute ended a month later after Fortinet agreed to make the source code available upon request. In April 2005, a German court issued a preliminary injunction against Fortinet's UK subsidiary in relation to source code for its GPL-licensed elements. By 2004 Fortinet had offices in Asia, Europe and North America.
The company began distributing its products in Canada in December 2003, and in the UK in February 2004. Fortinet's first channel program was established in October 2003. An additional $30 million in financing was raised in August 2003, followed by $50 million in March 2004. The company raised $13 million in private funding from 2000 to early 2003. The company was renamed to ApSecure in December 2000 and later renamed again to Fortinet, based on the phrase "Fortified Networks." įortinet introduced its first product, FortiGate, in 2002, followed by anti-spam and anti-virus software. In 2000, they co-founded Appligation Inc. Michael Xie served as an executive for ServeGate. Prior to Fortinet, Ken Xie founded and served as an executive for NetScreen, a company that was acquired by Juniper Networks in 2004.