About This Deal

Fortinet acquired Perception Point Ltd. for $33.7 million, a transaction announced in December 2024.

Asset acquisition of the advanced collaboration and email security business to expand Fortinet's email and workspace threat protection.

Asset acquisition of the advanced collaboration and email security business to expand Fortinet's email and workspace threat protection.

Deal Terms

Acquirer
Fortinet
Target
Perception Point Ltd.
Value
$33.7 million
Date
December 2024
Type
Full acquisition
Status
Completed

Transaction Details

Announced
December 5, 2024

In Their Words

On December 5, 2024, we closed an acquisition of certain assets and liabilities of Perception Point Ltd., a business specializing in advanced collaboration and email security, for $33.7 million in cash.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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