Fortinet Strengthens Its Top-Tier Unified SASE Solution with Next DLP

 

This strategic move will integrate Next DLP’s cloud-native SaaS data protection platform and leading AI/ML-based anomaly detection and classification capabilities to enhance Fortinet’s offerings in standalone and integrated data loss prevention. #Fortinet

 

On September 4, 2024, Fortinet® (NASDAQ: FTNT), a global cybersecurity leader, announced the acquisition of Next DLP, a leader in insider risk and data protection. This acquisition aims to bolster Fortinet’s position in the standalone enterprise data loss prevention (DLP) market and strengthen its leadership in integrated DLP markets within endpoint and SASE, aligning with Fortinet’s business strategy. Ken Xie, Founder, Chairman, and CEO at Fortinet, stated that the acquisition supports their goal of enhancing solutions to protect enterprises with top security solutions. Connie Stack, CEO at Next DLP, emphasized that integrating Next DLP with Fortinet will extend the reach of their leading data security solutions worldwide. Fredrik Halvorsen of majority shareholder Ubon Partners highlighted the potential for growth and success through this acquisition.

Next DLP has been recognized by industry analysts for its technology innovation and was recently named a Representative Vendor in the 2023 Gartner® Market Guide for Data Loss Prevention and the 2023 Gartner® Market Guide for Insider Risk Management Solutions. The company delivers a leading next-generation, cloud-native SaaS data protection platform that extends from endpoint to cloud. As part of its commitment to offering enterprises a top-tier Unified SASE solution, Fortinet plans to integrate Next DLP’s technology to add advanced data loss prevention capabilities to Fortinet’s security service edge (SSE) offering and enhance insider risk and data protection capabilities across the Fortinet Security Fabric. The acquisition deal was signed and closed on August 5, 2024.

For more information, visit fortinet.com/trust to learn about Fortinet’s innovation, collaboration partners, product security processes, and enterprise-grade products. Learn more about FortiGuard Labs threat intelligence and research and Outbreak Alerts, which provide timely steps to mitigate breaking cybersecurity attacks. Read about how Fortinet customers are securing their organizations. Follow Fortinet on Twitter, LinkedIn, Facebook, and Instagram. Subscribe to Fortinet on their blog or YouTube.

FAQs:

1. What is the significance of Fortinet acquiring Next DLP? The acquisition enhances Fortinet’s data loss prevention capabilities and strengthens its leadership in the DLP market, particularly in standalone and integrated solutions within endpoint and SASE.

2. How will Next DLP’s technology be integrated into Fortinet’s offerings? Fortinet plans to integrate Next DLP’s advanced data loss prevention capabilities into its security service edge (SSE) offering and enhance insider risk and data protection across the Fortinet Security Fabric.

3. What recognition has Next DLP received in the industry? Next DLP has been named a Representative Vendor in the 2023 Gartner® Market Guide for Data Loss Prevention and the 2023 Gartner® Market Guide for Insider Risk Management Solutions.

4. When was the acquisition deal closed? The acquisition deal was signed and closed on August 5, 2024.

5. Where can I learn more about Fortinet’s products and innovations? Visit fortinet.com/trust for more information on Fortinet’s innovation, collaboration partners, product security processes, and enterprise-grade products.