Fortinet to Acquire Coyote Point

Fortinet to Acquire Coyote Point

Fortinet to Acquire Coyote PointFortinet, a leader in high-performance network security, today announced that it has entered into a definitive merger agreement to acquire Coyote Point Systems, Fortinet to Acquire Coyote PointInc., a privately-held provider of enterprise-class application delivery, load balancing and acceleration solutions.

“This acquisition complements Fortinet’s Network Security strategy and allows the company and our channel partners to accelerate and further deliver on our vision of providing complete and comprehensive security into the enterprise,” said Ken Xie, founder, president and chief executive officer of Fortinet. “Furthermore, we expect this acquisition will generate synergy among existing Fortinet products, including our FortiGate, FortiBalancerFortiDDoS and FortiWeb platforms.”

“While Coyote Point has built a top class ADC product portfolio and a loyal customer base, there has always been a tradeoff around resources,” said Bill Kish, CEO and founder of Coyote Point. “We look forward to being a member of the Fortinet family and the opportunity to make strategic technology investments in our ADC platform.”

“As more enterprises turn to the cloud, data centers are going to require higher-performance solutions coupled with strong security,” said John Grady, research manager at IDC. “In this environment, security and application delivery must work hand-in-hand to ensure quality of service, while still preventing attacks. This acquisition places Fortinet in a unique position to deliver on both aspects in one solution.”

No immediate changes will be made to Coyote Point product offerings, customer support and channel programs or any existing ADC products that Fortinet markets. Future products and solution offerings will be announced upon their availability.

Coyote Point was founded in 1999 and markets the Equalizer ADC product line. Terms of the acquisition are not being disclosed.

Featured

New Products

  • PE80 Series

    PE80 Series by SARGENT / ED4000/PED5000 Series by Corbin Russwin

    ASSA ABLOY, a global leader in access solutions, has announced the launch of two next generation exit devices from long-standing leaders in the premium exit device market: the PE80 Series by SARGENT and the PED4000/PED5000 Series by Corbin Russwin. These new exit devices boast industry-first features that are specifically designed to provide enhanced safety, security and convenience, setting new standards for exit solutions. The SARGENT PE80 and Corbin Russwin PED4000/PED5000 Series exit devices are engineered to meet the ever-evolving needs of modern buildings. Featuring the high strength, security and durability that ASSA ABLOY is known for, the new exit devices deliver several innovative, industry-first features in addition to elegant design finishes for every opening.

  • AC Nio

    AC Nio

    Aiphone, a leading international manufacturer of intercom, access control, and emergency communication products, has introduced the AC Nio, its access control management software, an important addition to its new line of access control solutions.

  • FEP GameChanger

    FEP GameChanger

    Paige Datacom Solutions Introduces Important and Innovative Cabling Products GameChanger Cable, a proven and patented solution that significantly exceeds the reach of traditional category cable will now have a FEP/FEP construction.