M&A Deal Summary

Fortinet Acquires XDN

On December 7, 2012, Fortinet acquired internet software and services company XDN

Acquisition Highlights
  • This is Fortinet’s 1st transaction in the Internet Software and Services sector.
  • This is Fortinet’s 4th transaction in the United States.
  • This is Fortinet’s 3rd transaction in California.

M&A Deal Summary

Date 2012-12-07
Target XDN
Sector Internet Software and Services
Buyer(s) Fortinet
Deal Type Add-on Acquisition

Target

XDN

San Mateo, California, United States
XDN, Inc. is a developer of cloud based content delivery network solutions for content and infrastructure providers.

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Buyer(S) 1

Buyer

Fortinet

Sunnyvale, California, United States

website


Category Company
Founded 2000
Sector Information Technology
Employees12,595
Revenue 4.4B USD (2022)
DESCRIPTION
Entrance to Fortinet's corporate headquarters in Sunnyvale, California.
Entrance to Fortinet's corporate headquarters in Sunnyvale, California.

Fortinet provides network security appliances and unified threat management network security solutions. Fortinet was founded in 2000 and is based in Sunnyvale, California.


DEAL STATS #
Overall 5 of 12
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 5 of 12
State (California) 3 of 6
Country (United States) 4 of 11
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-08 IntruGuard Devices

Sunnyvale, California, United States

IntruGuard Devices, Inc. is a supplier of Network Behavior Analysis (NBA) Systems for e-tailers, social networking companies, Software as a Service (SaaS) providers, Online Ticket Sales companies, Intenet Gaming companies, Web Hosting Service Providers, Internet Service Providers (ISPs), Internet Data Centers (IDC) and Enterprise Data Centers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-22 Coyote Point Systems

San Jose, California, United States

Coyote Point Systems, Inc. is a provider of application delivery, acceleration and load balancing solutions that enable IT personnel to have greater control over their web and application servers. Coyote Point’s Equalizer, Equalizer OnDemand, Envoy and VLB products provide the industry's foremost combination of performance, affordability and ease of use offering 24/7 server high-availability, optimized server performance, flexible scalability and secure application and network access.

Buy -