Fortinet acquired ShieldX Networks, Inc. for $10.8 million, a transaction announced in March 2021.
Asset acquisition of the multi-cloud data center security platform to protect against lateral movement of threats such as ransomware.
Asset acquisition of the multi-cloud data center security platform to protect against lateral movement of threats such as ransomware.
On March 10, 2021, we closed an acquisition of certain assets and liabilities of ShieldX Networks Inc. ("ShieldX"), a provider of a security platform focusing on protecting multi-cloud data centers from the risk of lateral movement ... for $10.8 million in cash.
Advisory firms were not disclosed for this transaction.