About This Deal

Fortinet acquired Lacework Inc. for $152.3 million, a transaction announced in August 2024.

Acquired the data-driven cloud security company to add a Cloud-Native Application Protection Platform (CNAPP), forming an AI-driven single-vendor cloud security platform.

Acquired the data-driven cloud security company to add a Cloud-Native Application Protection Platform (CNAPP), forming an AI-driven single-vendor cloud security platform.

Deal Terms

Acquirer
Fortinet
Target
Lacework Inc.
Value
$152.3 million
Date
August 2024
Type
Full acquisition
Status
Completed

Transaction Details

Announced
August 1, 2024

In Their Words

On August 1, 2024, we closed an acquisition of Lacework Inc. ("Lacework"), a privately held data-driven cloud security company, for $152.3 million in cash.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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