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Fortinet acquires Israeli cybersecurity firm

Fortinet, a cybersecurity company valued at approximately US$75 billion, has acquired Perception Point.

Perception Point is an Israeli firm specializing in collaboration and email security, though financial details were undisclosed.

The acquisition is part of Fortinet’s plans to broaden its cybersecurity services.

Perception Point’s AI-driven technology will aid Fortinet in securing tools like Slack, Teams, and various cloud platforms.

Recent Fortinet developments

Timeline
23-Sep-2022 ☁️ Alibaba Cloud invests $1b to boost global partner network
  • Alibaba Cloud invests $1 billion in partners
  • Launches programs to grow global partner ecosystem
05-Jul-2022 🔒 SG cybersecurity firm raises $8m in Prosus, Vulcan Capital-led pre-series A
  • watchTowr raises US$8M in pre-series A funding
  • Plans to expand beyond Southeast Asia to enhance tech
20-Jun-2022 🔐 SEA demands cybersecurity despite tech winter
  • Cybersecurity in SEA grows despite economic downturn.
  • 72% of firms faced cybersecurity incidents, 79% to invest.
13-May-2019 🛡️ How emerging technology is advancing cybersecurity methods
  • Hackers use AI for smarter network attacks.
  • Cybersecurity firms enhance defenses with advanced tech.

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