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New Deal


Announced

Fortinet to acquire ThreatInsight NDR business of Gigamon for $31m.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

IT Services: Other

Acquisition

Pending

Friendly

United States

it services

Majority

Private

Single Bidder

Synopsis

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Fortinet, a cybersecurity corporation, agreed to acquire ThreatInsight NDR business of Gigamon, an IT security company, for $31m. Financial terms were not disclosed.

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