reports
Forescout Enhances Cyber Resilience for the Maritime Industry
Forescout Enhances Cyber Resilience for the Maritime Industry Forescout is first to support International Maritime Organization’s (IMO) requirements by securing ship automation and control systems SAN JOSE, Calif., May 03, 2021 (GLOBE NEWSWIRE) -- , the leader in Enterprise of Things security, today announced that the company’s platform is the first commercial device visibility and control technology available to help maritime organizations meet specific Operational Technology (OT) security requirements prescribed by the United Nations’ for Maritime Cybersecurity. As of January 1, 202...
Forescout Further Enhances Management Team with Appointment of Wael Mo...
Forescout Further Enhances Management Team with Appointment of Wael Mohamed as CEO Mohamed brings proven track record of driving innovation, alliances and growth Greg Clark to partner with Mohamed to continue Forescout’s mission to actively defend the Enterprise of Things SAN JOSE, Calif., March 08, 2021 (GLOBE NEWSWIRE) -- ., the leader in Enterprise of Things security, today announced that Wael Mohamed will join the company as chief executive officer, effective immediately. Greg Clark and Michael DeCesare will partner closely with Mohamed as they continue to serve as co-chairmen of Fo...
Forescout Provides Private Company Update
Forescout Provides Private Company Update Finishes FY20 with double-digit year-over-year ARR growth and ~70% recurring revenue; key platform wins across government, financial services, healthcare and manufacturing; research and innovation leadership Closes over 300 new logo wins during pandemic Company extends management team with networking and security veteran Kevin O’Leary joining as Chief Product Officer, Brett Kelsey to lead Professional Services and Rob Amezcua to lead Americas Enterprise Sales SAN JOSE, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- ., the leader in Enterprise of Thi...
Forescout and Arista Expand Partnership with Combined Platform to Acce...
Forescout and Arista Expand Partnership with Combined Platform to Accelerate Zero Trust Segmentation Forescout eyeSegment integrates with Arista CloudVision® and Arista’s new Multi-domain Macro-Segmentation Service® Group (MSS Group) to set the foundation of Zero Trust defenses for the Enterprise of Things SAN JOSE, Calif., Feb. 02, 2021 (GLOBE NEWSWIRE) -- ., the leader in Enterprise of Things security, today announced the expansion of its partnership with , an industry leader in cognitive cloud networking solutions for enterprise data center, campus and cloud environments. Together, F...
Forescout Advances Industrial IoT and OT Security
Forescout Advances Industrial IoT and OT Security Expanded partnerships and integrations with Splunk, CrowdStrike and CyberArk offer end-to-end security solutions to deliver advanced insights and rapid response SAN JOSE, Calif., Nov. 11, 2020 (GLOBE NEWSWIRE) -- ., the leader in Enterprise of Things security, today announced the expansion of its partner ecosystem to create a cohesive infrastructure for monitoring and mitigating threats and emerging risks across IT and operational technology (OT) environments. Forescout’s expanded partnerships and integrations with Splunk, CrowdStrike an...
Forescout Names Merlin International Partner of the Year
Forescout Names Merlin International Partner of the Year Award recognizes top performance, joint customer satisfaction and cybersecurity excellence SAN JOSE, Calif., Nov. 09, 2020 (GLOBE NEWSWIRE) -- , the leader in Enterprise of Things security, today announced as the recipient of its U.S. Partner of the Year Award. This award recognizes channel partners for excellence in performance, collaboration and commitment to joint customers. Merlin, a valued Forescout partner since 2016, delivers cybersecurity solutions, innovative technology and intelligence capabilities to organizations in h...
U.S. Department of Defense Selects Forescout to Protect Millions of Mi...
U.S. Department of Defense Selects Forescout to Protect Millions of Mission Critical Devices Across Global Networks Multi-year “Comply to Connect” (C2C) program delivers enterprise-wide capabilities to secure DoD networksForescout provides foundational cybersecurity capabilities for C2C, and has been implemented by the Navy and U.S. Marine Corps, the pathfinders for C2C SAN JOSE, Calif., Sept. 01, 2020 (GLOBE NEWSWIRE) -- ., the leader in Enterprise of Things security, today announced it was selected by the to expand cybersecurity across its global enterprise as the initial phase of a m...
Forescout Sets a New Standard for Securing the Enterprise of Things
Forescout Sets a New Standard for Securing the Enterprise of Things Company updates its platform to deliver an active defense for the modern enterprise New segmentation capabilities enable Zero Trust security across the enterprise – at scale, from cloud to edge Latest innovations in operational technology (OT) and industrial control system (ICS) protection streamline threat analysis, compliance automation and risk mitigation SAN JOSE, Calif., Aug. 12, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: FSCT), the leader in Enterprise of Things security, today announced new capabilities and platform upda...
Forescout Technologies Reports Second Quarter 2020 Financial Results
Forescout Technologies Reports Second Quarter 2020 Financial Results Total Revenue of $79.9 million, up 40% quarter-over-quarterOn track to close pending transaction with Advent International Corporation SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (NASDAQ: FSCT), the leader in device visibility and control, today announced results for its second quarter ended June 30, 2020. “I’m proud of our strong execution during the second quarter, despite many uncertainties. We closed strategic deals with both new and existing customers, made continued progress i...
Forescout and Arista Networks Join Forces to Deliver Zero Trust Securi...
Forescout and Arista Networks Join Forces to Deliver Zero Trust Security Partnership and integration of best-of-breed technologies deliver comprehensive device visibility and enforcement across heterogeneous networks SAN JOSE, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- . (NASDAQ:FSCT), the world leader in device visibility and control, today announced a strategic partnership with , an industry leader in software-driven cloud networking solutions for large datacenter and campus environments, to reduce cybersecurity risks brought on by explosive growth of IoT devices, increased network com...
NJ TRANSIT Secures Network During Remote Work, Deploying the Forescout...
NJ TRANSIT Secures Network During Remote Work, Deploying the Forescout Platform to Discover, Classify and Inventory Thousands of Connected Devices Forescout protects complicated, wide-spread public utility, in addition to improving network security as employees work from home during COVID-19 SAN JOSE, Calif., July 28, 2020 (GLOBE NEWSWIRE) -- (NASDAQ:FSCT), the leader in device visibility and control, today announced NJ TRANSIT (NJT) has deployed Forescout to protect public safety and its customer data state-wide. NJT is a public transportation system that operates bus, light rail, co...
Forescout and ServiceNow Advance Partnership to Protect Critical Infra...
Forescout and ServiceNow Advance Partnership to Protect Critical Infrastructure from Cyber Threats New integration continuously discovers and secures sensitive OT devices SAN JOSE, Calif., July 23, 2020 (GLOBE NEWSWIRE) -- . (NASDAQ:FSCT), the leader in device visibility and control, today announced its latest technology integration enhancements with longtime partner, . To help ensure integrity and stability of critical infrastructure, Forescout and ServiceNow provide an effective and streamlined integration that improves asset intelligence as well as threat prevention, detection and re...
Forescout and Advent International Reach Amended Merger Agreement
Forescout and Advent International Reach Amended Merger Agreement Forescout Shareholders to Receive $29.00 Per ShareAdvent to Commence Tender Offer; Forescout Board Unanimously Recommends that all Shareholders Tender Their Shares in Support of the TransactionAgreement Provides Immediate and Certain Value SAN JOSE, Calif. and BOSTON, Mass., July 15, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (Nasdaq: FSCT), the leader in device visibility and control, and Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announce...
Forescout Technologies Announces Preliminary Second Quarter 2020 Reven...
Forescout Technologies Announces Preliminary Second Quarter 2020 Revenue Total Revenue expected to be in the range of $78 - $82 million, up 40% quarter-over-quarter at the midpoint of range SAN JOSE, Calif., July 08, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (NASDAQ:FSCT), the leader in device visibility and control, today announced preliminary unaudited results for its second quarter ended June 30, 2020, based upon preliminary unaudited financial information. Total revenue for the second quarter is expected to be in the range of $78 million - $82 million, up 40% quarter-ov...
Forescout Selected by U.S. Department of Energy to Participate in Firm...
Forescout Selected by U.S. Department of Energy to Participate in Firmware Project Under Grid Modernization Lab Consortium SAN JOSE, Calif., June 23, 2020 (GLOBE NEWSWIRE) -- (Nasdaq: FSCT), the global leader in device visibility and control, today announced it has been selected by the U.S. Department of Energy (DOE) to participate in a project with Idaho National Laboratory (INL) titled “Firmware Command and Control.” The purpose of the Firmware Command and Control project is to identify potential vulnerabilities that exist in ubiquitous libraries by using machine learning similarity an...
Forescout Commences Litigation Against Advent International
Forescout Commences Litigation Against Advent International SAN JOSE, Calif., May 20, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (Nasdaq: FSCT), the leader in device visibility and control, filed a complaint with the Delaware Court of Chancery asserting that affiliates of Advent International Corporation (“Advent”) have violated the terms of their merger agreement with Forescout. Forescout is asking the Court to compel Advent to honor its commitments and immediately complete the pending acquisition of Forescout. On May 15, 2020, Advent notified Forescout that it would not cons...
Forescout Provides Update Regarding Pending Acquisition by Advent Inte...
Forescout Provides Update Regarding Pending Acquisition by Advent International Forescout and Advent in Ongoing Discussions SAN JOSE, Calif., May 18, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (Nasdaq: FSCT), the leader in device visibility and control, today provided an update regarding its pending acquisition by affiliates of Advent International Corporation (“Advent”). On May 15, 2020, Advent provided notice to Forescout that it would not be proceeding to consummate the acquisition of Forescout on May 18, 2020, as scheduled. Forescout and Advent are engaged in ongoing dis...
Forescout Technologies Reports First Quarter 2020 Financial Results
Forescout Technologies Reports First Quarter 2020 Financial Results Total Revenue of $57.2 million, compared to $75.6 million in the first quarter of 2019 SAN JOSE, Calif., May 11, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (NASDAQ:FSCT), the leader in device visibility and control, today announced results for its first quarter ended March 31, 2020. “In March, the severity of the COVID-19 pandemic sharply escalated around the world, causing some customers to delay purchasing decisions in order to prioritize employee health and safety and business continuity planning,” said Mi...
Forescout Technologies Shareholders Approve Proposed Transaction With ...
Forescout Technologies Shareholders Approve Proposed Transaction With Advent International On Track to Close in Second Calendar Quarter of 2020 SAN JOSE, Calif., April 23, 2020 (GLOBE NEWSWIRE) -- Forescout Technologies, Inc. (Nasdaq: FSCT) the leader in device visibility and control, today announced that its shareholders have approved the proposed transaction with Advent International (“Advent”). Advent has partnered with Crosspoint Capital Partners (“Crosspoint Capital”), a private equity investment firm focused on the cybersecurity and privacy industries, as a co-investor and advisor...
FORESCOUT TECHS.INCO. sees a downgrade to Slightly Negative on account...
The independent financial analyst theScreener just lowered the general evaluation of FORESCOUT TECHS.INCO. (US), active in the Computer Services industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date April 21, 2020, the closing price was U...
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