Everest
2025
Why
Fortinet acquired Everest in 2025.
Fortinet, Inc.
Cybersecurity and Network SecurityFounded 2000- HQ today: Sunnyvale, California
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Fortinet Acquisitions
12
Major Deals Covered
What are Fortinet's biggest acquisitions?
This page covers 12 major deals from 2012 to 2025, each with its price where disclosed and the reason behind it.
- Major deals covered
- 12
- First deal
- 2012
- Most recent
- 2025
| Company | Year | Price | Purpose |
|---|---|---|---|
| Lacework | 2024 | Undisclosed | Added cloud-native application protection (CNAPP), cloud posture management and anomaly detection to Fortinet's cloud security portfolio. |
| XDN | 2012 | Undisclosed | Fortinet acquired XDN in 2012. |
| Coyote Point | 2013 | Undisclosed | Fortinet acquired Coyote Point in 2013. |
| Meru Networks | 2015 | Undisclosed | Fortinet acquired Meru Networks in 2015. |
| Bradford Networks | 2018 | Undisclosed | Fortinet acquired Bradford Networks in 2018. |
| ZoneFox | 2018 | Undisclosed | Fortinet acquired ZoneFox in 2018. |
| OPAQ Networks | 2020 | Undisclosed | Fortinet acquired OPAQ Networks in 2020. |
| ShieldX | 2021 | Undisclosed | Fortinet acquired ShieldX in 2021. |
| Sken.Ai | 2021 | Undisclosed | Fortinet acquired Sken.Ai in 2021. |
| Next DLP | 2024 | Undisclosed | Data loss prevention and insider-risk technology for Fortinet's SASE and endpoint products. |
| Everest | 2025 | Undisclosed | Fortinet acquired Everest in 2025. |
| enSilo | 2019 | Undisclosed | Endpoint detection and response technology, rebranded FortiEDR. |
- What companies has Fortinet bought?
- Major acquisitions by Fortinet documented here include Everest (2025), Lacework (2024), Next DLP (2024), ShieldX (2021) and Sken.Ai (2021).
- What is Fortinet's most recent acquisition?
- The most recent Fortinet acquisition documented here is Everest, in 2025.
Lacework
2024
Why
Added cloud-native application protection (CNAPP), cloud posture management and anomaly detection to Fortinet's cloud security portfolio.
Impact
Gave Fortinet a stronger position against cloud-native rivals such as Palo Alto Networks, Wiz and CrowdStrike.
Outcome
Lacework technology was folded into Fortinet's Security Fabric cloud offerings.
Next DLP
2024
Why
Data loss prevention and insider-risk technology for Fortinet's SASE and endpoint products.
ShieldX
2021
Why
Fortinet acquired ShieldX in 2021.
Sken.Ai
2021
Why
Fortinet acquired Sken.Ai in 2021.
OPAQ Networks
2020
Why
Fortinet acquired OPAQ Networks in 2020.
enSilo
2019
Why
Endpoint detection and response technology, rebranded FortiEDR.
Bradford Networks
2018
Why
Fortinet acquired Bradford Networks in 2018.
ZoneFox
2018
Why
Fortinet acquired ZoneFox in 2018.
Meru Networks
2015
Why
Fortinet acquired Meru Networks in 2015.
Coyote Point
2013
Why
Fortinet acquired Coyote Point in 2013.
XDN
2012
Why
Fortinet acquired XDN in 2012.
Fortinet, Inc.'s Growth & Acquisition Strategy
Fortinet is trying to grow beyond the firewall into three adjacent markets. Unified SASE combines FortiGate SD-WAN with cloud-delivered secure web gateway, ZTNA and firewall-as-a-service for remote users. Security operations (FortiSIEM, FortiSOAR, FortiAnalyzer, FortiEDR) targets the SOC. OT security sells ruggedized FortiGates and related tools to factories, utilities and transport operators. Acquisitions are small and technology-focused (Lacework and Next DLP in 2024) and get folded into FortiOS and the Security Fabric.
How Fortinet, Inc. Makes Money
Fortinet makes money in two ways. First, it sells products: FortiGate firewalls (physical appliances and virtual/cloud versions), plus switches, Wi-Fi access points and other secure-networking hardware and software licenses. Product revenue was $2.22 billion, or 33% of FY2025 sales. Second, and more importantly, it sells services attached to that installed base: FortiGuard threat-intelligence subscriptions, FortiCare support, Unified SASE, security operations (SecOps) and other SaaS. Services brought in $4.58 billion, or 67% of FY2025 revenue. Most sales go through distributors, resellers, MSSPs and carriers rather than a direct sales force. Because FortiGate also does routing and SD-WAN, a retailer or bank can deploy one box per branch instead of separate networking and security appliances, which is the core of Fortinet's "convergence of networking and security" pitch.
Fortinet Acquisitions FAQ
What was the strategic rationale behind acquiring cybersecurity startup Lacework in 2024?
In August 2024, Fortinet completed the acquisition of cloud-native application protection platform (CNAPP) pioneer Lacework. The acquisition integrated advanced cloud security posture management, Kubernetes protection, and AI anomaly detection directly into the Fortinet Security Fabric.
Why did Fortinet acquire endpoint detection and response (EDR) leader enSilo in 2019?
In October 2019, Fortinet acquired endpoint security specialist enSilo. enSilo's real-time automated endpoint detection, response, and post-infection ransomware blocking technology was rebranded as FortiEDR, providing advanced endpoint protection.
How did the 2018 acquisition of Bradford Networks enhance Network Access Control (NAC)?
Fortinet acquired Bradford Networks in 2018 to integrate zero-trust Network Access Control (rebranded as FortiNAC), providing automated IoT device discovery, micro-segmentation, and dynamic network access enforcement.
What was the strategic importance of acquiring ZoneFox in 2018 for insider threat detection?
In 2018, Fortinet acquired cloud-based insider threat detection and endpoint data loss prevention (DLP) startup ZoneFox, integrating its user entity and behavior analytics (UEBA) capabilities into FortiInsight.
How did the acquisition of CyberSift expand AI-powered security operations in 2020?
Fortinet acquired CyberSift in 2020, integrating its automated security orchestration, automation, and response (SOAR) playbooks into FortiSOAR to help enterprise SOC teams investigate and neutralize cyber threats in seconds.
What was the strategic acquisition of Next-Gen Cloud Security provider OPAQ Networks in 2020?
In July 2020, Fortinet acquired SASE cloud security provider OPAQ Networks. OPAQ's patented zero-trust cloud network architecture accelerated Fortinet's deployment of cloud-delivered SASE and Firewall-as-a-Service (FWaaS).
What companies has Fortinet acquired?
Unlike Cisco, Fortinet prefers organic R&D. However, to build out their massive "Security Fabric," they execute highly targeted acquisitions. They bought EnSilo in 2019 (to enter the endpoint security market against CrowdStrike) and OPAQ in 2020 (to dominate the SASE and Zero Trust cloud market).
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