Fortinet, Inc. provides cybersecurity solutions to variety of business, such as enterprises, communication service providers and small businesses. It operates through the following segments: Security-Driven Networking, Infrastructure Security, Dynamic Cloud Security, Endpoint Protection, Internet of Things and Operational Technology Security and AI-Driven Security Operations. The Security-Driven Networking segment includes majority of product sales from its FortiGate network security appliances. The Infrastructure Security segment provide platform which is an architectural approach that protects the entire digital attack surface, including network core, endpoints, applications, data centres and private and public cloud. The Dynamic Cloud Security segment provides help to the customers connect securely to and across their cloud environments by offering security through its virtual firewall and other software products in public and private cloud environments. The Endpoint Protection, Internet of Things and Operational Technology Security segment includes the proliferation of Internet of Things (“IoT”) and an Operational Technology (“OT”) device, which has generated new opportunities for business growth. IoT and OT have created an environment where data moves freely between devices across locations, network environments, remote offices, mobile workers and public cloud environments, making the data difficult to consistently track and secure. The AI-Driven Security Operations segment develops and provides Artificial Intelligence (“AI”) driven security operations solutions. The company was founded by Ken Xie and Michael Xie in October 2000 and is headquartered in Sunnyvale, CA.
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Last updated: Data provided by FactSet. This information does not constitute investment advice.
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