FTNT Fortinet Inc.

Fortinet Acquires Cloud Security and Networking Innovator OPAQ Networks

Fortinet Acquires Cloud Security and Networking Innovator OPAQ Networks

Enhances Fortinet’s Existing SASE Offering to Deliver the Most Complete SASE Platform on the Market

SUNNYVALE, Calif., July 20, 2020 (GLOBE NEWSWIRE) --

Ken Xie, Founder, Chairman of the Board, and CEO

“The recent SASE market momentum further validates our Security-driven Networking approach and underscores what we’ve been saying for years. In this era of hyperconnectivity and expanding networks; with the network edge stretching across the entire digital infrastructure, networking and security must converge. In fact the acquisition of OPAQ actually further enhances our existing SASE offering enabling Fortinet to deliver the most complete SASE platform on the market. The Fortinet SASE platform delivers the broadest security and industry-leading SD-WAN and networking offerings that can all be delivered to customers and partners through a flexible, cost efficient and patented zero-trust cloud architecture.”

News Summary

Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced it has acquired OPAQ Networks, a Secure Access Service Edge (SASE) cloud provider based in Herndon, Virginia. OPAQ’s Zero Trust Network Access (ZTNA) cloud solution protects organizations’ distributed networks – from data centers, to branch offices, to remote users, and Internet of Things (IoT) devices.

Fortinet’s combined with OPAQ’s patented ZTNA solution enhances Fortinet’s existing SASE offering to form the best-in-class SASE cloud security platform with the industry’s only true Zero Trust access and security by providing industry-leading and , web security, , , , , (CASB), browser isolation, and capabilities.

Moreover, OPAQ’s platform is purpose built to be partner friendly, empowering MSSPs, carriers and high value-add partners to easily integrate the SASE multi-tenant platform into their own offering and add value to business and government organization customers with their Network Operations Center and Security Operations Center expertise and advanced professional services.

Given remote workforce trends, with exponentially more users, devices, applications, services, and data outside of a traditional enterprise edge than inside, the integration of Fortinet’s broad Security Fabric with OPAQ’s cloud platform will offer customers and partners even more choices in how they can consume best-of-breed security and is yet another unique and differentiated way Fortinet is empowering customers with the best, integrated security and networking innovation in real-time.

With the OPAQ acquisition, unlike other cloud security providers, Fortinet will deliver:

  • The best of scalability, performance, and security compared to any cloud security vendor.
  • A broad integrated suite of cloud security solutions providing true Zero Trust security, unlike other ZTNA providers who leave many unprotected gaps in the attack surface.
  • One-of-a-kind ZTNA solution with continuous security innovation at scale, leveraging Fortinet’s top-notch R&D talent to deliver security substance “under the hood”. 
  • Security and networking fully integrated, including Fortinet’s industry-leading SD-WAN, furthering the company’s Security-driven Networking approach.
  • The most partner-friendly ZTNA offering in the market that remains true to Fortinet’s ongoing commitment to its valued partners. 

 Financial terms of the deal were not disclosed.

Additional Resources

  • Learn more about how expands the company’s SASE offerings and .
  • Find out how the platform delivers broad, integrated, and automated protection across an organization’s entire digital infrastructure.
  • Learn more about threat research and the FortiGuard Security Subscriptions and Services .
  • Learn more about Fortinet’s or about the Fortinet , , and .
  • in our Fortinet user community (Fuse). Share ideas and feedback, learn more about our products and technology, or connect with peers.
  • Follow Fortinet on , , and . 

About Fortinet

Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 455,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning organization, the Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at , the , or .    

FTNT-F

Copyright © 2020 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral,FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFone, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at , may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

Media Contact:Investor Contact:Analyst Contact:
Tiffany CurciPeter SalkowskiRon Davis
Fortinet, Inc.Fortinet, Inc.Fortinet, Inc.
408-235-7700408-331-4595415-806-9892
EN
20/07/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Fortinet Inc.

 PRESS RELEASE

Fortinet to Announce Third Quarter 2025 Financial Results

Fortinet to Announce Third Quarter 2025 Financial Results SUNNYVALE, Calif., Oct. 02, 2025 (GLOBE NEWSWIRE) -- ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, announced that it will hold a conference call to discuss its third quarter 2025 financial results on Wednesday, November 5, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Fortinet's financial results conference call will be broadcast live in listen-only mode on the company’s investor relations website at . While not required, it is recommended that you join at least 10 minu...

 PRESS RELEASE

Fortinet Named a Leader in the 2025 Gartner® Magic Quadrant™ for Hybri...

Fortinet Named a Leader in the 2025 Gartner® Magic Quadrant™ for Hybrid Mesh Firewall Fortinet placed highest in Ability to Execute SUNNYVALE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- News Summary® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced it has been recognized as a Leader in the  and was positioned highest for Ability to Execute. As a Leader in the inaugural Gartner Magic Quadrant for Hybrid Mesh Firewall, Fortinet is now recognized in 12 Gartner Magic Quadrant reports. Powered by custom-built ASICs for acce...

 PRESS RELEASE

Fortinet Named Title Partner of the Founders Cup

Fortinet Named Title Partner of the Founders Cup 2026 Fortinet Founders Cup will be played at Sharon Heights Golf & Country Club in Menlo Park, California SUNNYVALE, Calif. and DAYTONA BEACH, Fla., Aug. 26, 2025 (GLOBE NEWSWIRE) -- The LPGA Tour and Fortinet, Inc. (NASDAQ: FTNT) today announced a multiyear deal where Fortinet, the global cybersecurity leader driving the convergence of networking and security, will be the title partner of the Founders Cup. The 2026 event will be played March 19-22 with a $3 million purse, up from $2 million in 2025. “We’re fired up to welcome Fortinet a...

Moody's Ratings affirms Fortinet's Baa1 ratings and changes outlook to...

Moody's Ratings (Moody's) affirmed Fortinet, Inc.'s ("Fortinet") Baa1 senior unsecured debt ratings and the (P)Baa1 rating for its senior unsecured shelf and changed the ratings outlook to positive from stable. The rating action reflects our expectations for Fortinet's good long-term growth and stre...

 PRESS RELEASE

Fortinet Connects Tepper Sports & Entertainment Teams with Unified SAS...

Fortinet Connects Tepper Sports & Entertainment Teams with Unified SASE Solution Fortinet Delivers Always-On Security Across Stadium, Office, and Remote Environments with a Unified, Hybrid Approach SUNNYVALE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) -- News Summary ® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Tepper Sports & Entertainment (TSE), which owns and operates the NFL’s Carolina Panthers, MLS’s Charlotte FC, and Bank of America Stadium, has deployed Fortinet’s Unified SASE and other Security Fabric so...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch