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New Deal


Announced

Completed

Fortinet completed the acquisition of enSilo.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Private

United States

network security

Software

Majority

Friendly

Completed

Synopsis

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Fortinet, an American multinational cybersecurity corporation headquartered in Sunnyvale, California, completed the acquisition of enSilo, a network security company. Financial terms were not disclosed. “As businesses become more networked and operations extend from the cloud to the edge and Internet of Things, the digital attack surface has expanded exponentially and has become more complex to secure. Manual threat hunting or point security solutions are ineffective when managing or securing these new environments. Instead security and the network need to be integrated and orchestrated to enable advanced threat containment at network speeds. In acquiring enSilo, we add automated, real-time detection, protection, and response enhancements to our Fortinet Security Fabric to further protect endpoints and corresponding edge data,” Ken Xie, Founder, Chairman of the Board, and CEO, Fortinet.

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