About This Deal

Fortinet acquired Next DLP Holdings Limited for $105.0 million, a transaction announced in August 2024.

Acquired the insider risk and data loss prevention company to strengthen standalone enterprise DLP and integrated DLP across endpoint and SASE.

Acquired the insider risk and data loss prevention company to strengthen standalone enterprise DLP and integrated DLP across endpoint and SASE.

Deal Terms

Acquirer
Fortinet
Target
Next DLP Holdings Limited
Value
$105.0 million
Date
August 2024
Type
Full acquisition
Status
Completed

Transaction Details

Announced
August 5, 2024

In Their Words

On August 5, 2024, we completed the acquisition of Next DLP Holdings Limited ("Next DLP"), a privately held insider risk and data loss prevention company, for approximately $105.0 million in cash.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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