FORTINET, INC. (NASDAQ:FTNT) Files An 8-K Other EventsItem 8.01Other Events.
On June4, 2018, Fortinet, Inc. (the “Company”) announced its acquisition (the “Acquisition”) of Bradford Networks, Inc. (“Bradford”), a leading provider of network security and access control products and services. The Company acquired Bradford for approximately $17 million in initial consideration, net of cash acquired and subject to certain adjustments, and may pay an additional $2 million in cash consideration, as an earn-out that is subject in full to satisfaction of certain performance conditions.
About FORTINET, INC. (NASDAQ:FTNT)
Fortinet, Inc. provides cyber security solutions to enterprises, service providers and government organizations across the world. The Company’s flagship network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company’s product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. The Company’s cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.
