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6/4/2018
11:45 AM
Dark Reading Staff
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Fortinet Completes Bradford Networks Purchase

NAC and security firm added to Fortinet's portfolio.

Fortinet has completed its purchase of Bradford Networks, a network security visibility and automation company. Financial details of the purchase were not disclosed.

Bradford Networks Network Sentry's product automates a security response to malicious events and has previous integration into the Fortinet Fortigate framework.

In a statement accompanying news of the purchase, Fortinet CEO Ken Xie noted that the integration provides "continuous visibility, micro-segmentation and access control technology" for large enterprise networks.

Bradford Networks CEO Rob Scott, in a statement concerning the purchase, noted that the two companies' products could have an impact on difficult security environments, "…such as critical infrastructure — power, oil and gas and manufacturing."

For more, read here and here.

Dark Reading's Quick Hits delivers a brief synopsis and summary of the significance of breaking news events. For more information from the original source of the news item, please follow the link provided in this article. View Full Bio
 

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NathanDavidson
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NathanDavidson,
 User Rank: Moderator
12/22/2018 | 1:47:30 AM
Fulfilling demand
In every industry, almost every organization would be seen acquiring one another especially those operating similar businesses. This is to expand their service coverage so as to reach out to a wider target audience. Greater demands can then be fulfilled, making the industry a smoother place of consumerism.
UdyRegan
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UdyRegan,
 User Rank: Apprentice
12/18/2018 | 2:06:22 AM
Good Business Deals…
AT the end of the day, if the acquisition allows both companies to benefit in terms of protection and reach, then I don't see why there shouldn't be more encouragement and celebration for the takeover. It doesn't seem like any of the employees were reshuffled or redirected to other parts of the business either so it's really operations as per usual isn't it? Except with better capabilities and opportunities on the horizon!
RyanSepe
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RyanSepe,
 User Rank: Ninja
6/6/2018 | 8:56:55 AM
Cheaper to Buy than to Build
It seems like this will continue to be on ongoing trend of acquisitions. Working in a shop that has performed both, in the long run it seems like acquisition will typcially be the most cost effective way of diversifying the company portfolio.
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