Last $34.05 USD
Change Today +0.36 / 1.07%
Volume 869.9K
As of 2:00 PM 03/5/15 All times are local (Market data is delayed by at least 15 minutes).

fortinet inc (FTNT) Snapshot

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02/26/15 - $34.74
52 Week Low
04/15/14 - $20.04
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fortinet inc (FTNT) Details

Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products. It also offers FortiAP secure wireless access points; FortiWeb that provides security for Web-based applications; FortiMail for multi-featured messaging security; FortiDB for centrally managed database-specific security; FortiClient, an endpoint security product for desktops, laptops, and mobile devices; FortiScan for endpoint vulnerability assessment and remediation; and FortiSwitch Ethernet switches. In addition, the company provides FortiBridge bypass appliances to help ensure network availability; FortiAuthenticator for scalable secure authentication for enterprise networks; FortiADC for optimizing the availability and performance of mobile, cloud, and enterprise applications; FortiSandbox for detecting and mitigating advanced persistent threats; FortiCache to reduce the cost and impact of cached Internet content; FortiDNS for secure domain name system caching; FortiDDoS for protection against distributed denial of service attack; and FortiVoice for business telephone communication. Further, it offers security subscription, technical support, training, and professional services. The company was founded in 2000 and is headquartered in Sunnyvale, California.

2,854 Employees
Last Reported Date: 03/2/15
Founded in 2000

fortinet inc (FTNT) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $359.4K
Co-Founder, President, Chief Technology Offic...
Total Annual Compensation: $318.8K
Vice President of Corporate Development & Str...
Total Annual Compensation: $308.2K
Compensation as of Fiscal Year 2013.

fortinet inc (FTNT) Key Developments

Fortinet Appoints Sales Team Leaders

Fortinet announced the strengthening of its commitment to key vertical markets with the addition of four new sales leaders who will oversee the company's go-to-market strategy in the financial services, healthcare, cloud and federal government sectors. The company added Araldo Menegon, Ryan Witt, Chad Whalen and Jim Jasinski to its sales leadership team, to drive the company's continued growth in these important markets and further solidify its position as an innovative leader for customers who demand the very best in cyber security.

Fortinet Lunches FortiSandbox 2.0

Fortinet announced the launch of FortiSandbox 2.0, delivering enhanced features to their top-rated FortiSandbox Advanced Threat Detection Appliances and FortiSandbox Cloud solutions with the power to discover and isolate more advanced threats from more places than ever before. Integrated with FortiGate, FortiSandbox Cloud offers the ability to quarantine compromised users and end points with one-click, delivering additional mitigation against zero-day and advanced threats. When used together with FortiMail, previously unknown email threats are proactively and automatically blocked. FortiSandbox 2.0 combined with Fortinet’s Advanced Threat Protection (ATP) Framework ensures a new level of protection from sophisticated cyber threats.

NetFortris Upgrades Fully Redundant 10Gb National Network with Fortinet's Network Security and Management Solutions in Strategic Hubs of Los Angeles, Atlanta, Silicon Valley and New York

NetFortris Inc. announced that it has upgraded its fully-redundant, carrier grade private network. Working through a partnership with Fortinet, NetFortris has added capacity, increased security and resiliency across its entire private network. NetFortris supplies private, high-performance voice, video, data and applications services via its unique private network. Companies across highly regulated industries including financial services, healthcare and retail choose NetFortris for its bandwidth quality, security and capacity. The NetFortris network surpasses security requirements required by regulations such as PCI, HIPAA and Dodd-Frank. Offered as a subscription service, NetFortris delivers the most advanced network services without passing capital expenses to its users. This way, NetFortris customers always have access to superior technologies without investing in hardware, IT resources or management. After an extensive technical evaluation, NetFortris selected Fortinet's FortiGate technology as its core network security platform. NetFortris has installed a complete security core with advanced hosted firewalls and unified threat management from Fortinet. Additionally, new analytics and management technologies from Fortinet ensure that the NetFortris network operates at highest capacity and performance at all times.


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Valuation FTNT Industry Range
Price/Earnings 100.0x
Price/Sales 7.3x
Price/Book 8.4x
Price/Cash Flow 226.7x
TEV/Sales 6.5x

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