About This Deal

Fortinet acquired AccelOps, Inc. for $22.1 million, a transaction announced in June 2016.

Bought the network security monitoring and analytics provider to extend the Security Fabric with security data analytics, visibility and threat intelligence (basis of FortiSIEM).

Bought the network security monitoring and analytics provider to extend the Security Fabric with security data analytics, visibility and threat intelligence (basis of FortiSIEM).

Deal Terms

Acquirer
Fortinet
Target
AccelOps, Inc.
Value
$22.1 million
Date
June 2016
Type
Full acquisition
Status
Completed

Transaction Details

Announced
June 7, 2016

In Their Words

On June 7, 2016, we completed our acquisition of AccelOps, Inc. ("AccelOps"), a provider of network security monitoring and analytics solutions, for total cash consideration of $22.1 million, net of cash received.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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