Fortinet appoints Glenn Maiden as director of threat intelligence, FortiGuard Labs Australia and New Zealand

Fortinet has appointed Glenn Maiden as director of threat intelligence at FortiGuard Labs Australia and New Zealand. Glenn’s role will focus on threat intelligence sharing to help Australian and New Zealand organisations protect themselves from current and emerging threats.  

With a strong background in defence, intelligence, security and federal government, Glenn has led a wide variety of cybersecurity activities including penetration testingsystems engineering as well as risk assessments and cyber operations. While in the Australian Intelligence Community (AIC), Glenn supported intelligence collection, processing and reporting.  

Glenn has also held roles with the Australian Taxation Office (ATO), where he was the agency’s cybersecurity advisor, and with Lockheed Martin, where he ran cyberoperations for the organisation’s Defence Centralised Processing project. Prior to joining Fortinet, Glenn worked at Cisco, where he ran a national-level program to raise Australia’s overall cyber posture. His focus was on accelerating Australian cybersecurity education and building effective partnerships to realise mutual success.  

At FortiGuard Labs, Glenn will head up threat intelligence operations for Australia and New Zealand. FortiGuard Labs builds the security intelligence that underpins advanced security technologies like artificial intelligence, antivirus, intrusion prevention, and email and web security.  

Glenn Maiden, director of threat intelligence, FortiGuard Labs, said, “Threat intelligence sharing is a crucial aspect of minimising the harm caused by cybersecurity breaches in Australian and New Zealand organisations. Effective threat intelligence sharing can help cybersecurity professionals take a more strategic and proactive approach to protecting their organisations. This can help overcome challenges posed by skills shortages and disparate cybersecurity postures characterised by point solutions that create complexity.  

“By integrating threat intelligence into their cybersecurity posture, organisations can reduce their risk and optimise their security investments, focusing on the controls that will make a real difference.” 

FortiGuard Labs aims to help organisations move away from tactical, responsive approaches to cybersecurity towards a more integrated approach. With more than 200 dedicated researchers and analysts reviewing a constant stream of threat-related data, FortiGuard Labs takes the human cost out of trying to defend organisations’ networks.  

Glenn Maiden said, “Threat intelligence is an extraordinarily valuable tool in the fight against cybercriminals. It’s possible to point to any number of situations in which organisations have avoided significant damage and losses due to timely threat intelligence informing their response to attacks. When organisations have a plethora of point solutions in place, it becomes more difficult to integrate threat intelligence into the cybersecurity ecosystem. It’s important to choose cybersecurity solutions that incorporate a security fabric that extends across the business and leverages threat intelligence for a more effective defence.”  

-ENDS- 

About FortiGuard Labs
FortiGuard Labs is the global threat intelligence and research organisation at Fortinet. Its mission is to provide our customers with the global threat intelligence and contextualised analysis needed to protect them from malicious cyberattacks. To do so, FortiGuard Labs employs over 200 threat researchers and analysts in 31 countries around the world and utilises one of the most effective and proven artificial intelligence (AI) and machine learning (ML) systems in the industry. This platform analyses approximately 10 billion events every day to generate actionable threat intelligence updates for Fortinet products and to keep our customers up-to-date with the latest threat identification and protection information available. Additionally, FortiGuard Labs maintains an integrated threat intelligence ecosystem with over 200 security intelligence partnerships and collaborations. The combination of our industry-leading research and analyst team, innovative and proven AI and ML systems, and extensive security intelligence ecosystem enables Fortinet to provide the leading-edge detection and protection our customers and partners need. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs. 

 About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organisations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud, or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 440,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning company, the Fortinet Network Security Expert (NSE) Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs 

Fortinet announces new Engage partner program

New program will recognise partner commitment to certifications and specialisations

Sydney —Fortinet has announced a fundamental change to its partner program globally, which will see partners recognised for their hard work and focus. The new partner program, called Fortinet Engage, is designed to better prepare Fortinet partners to effectively engage and succeed in today’s new security environment.

Jon McGettigan, regional director, Australia, New Zealand, and the Pacific Islands, Fortinet, said, “The changes to the partner program are in direct response to an evolving marketplace. The way security is positioned to end-customers needs to be tailored depending on their circumstances. And, security sales teams need to ensure their understanding of their customers’ environments is strong and comprehensive. This often requires ongoing training, education, and certification.

“Fortinet believes it’s important to recognise partners’ efforts to keep up with the new challenges and opportunities, and to help them more efficiently engage with their customers to establish and maintain brand loyalty.”

The new partner program replaces the old partner tiers with four levels of partner engagement:

  1. Advocate: entry-level partners who are interested in starting a partnership with Fortinet. This level of engagement has limited requirements but also limited benefits.
  2. Select: these partners cater to the small and medium business (SMB) market and are committed to delivering superior security solutions and services designed to meet the unique security concerns of smaller businesses.
  3. Advanced: able to handle a variety of implementation requirements, these partners have met staff certification standards combined with proven success at delivering the full spectrum of Fortinet solutions.
  4. Expert: this designation is reserved for proven Fortinet solution experts who demonstrate consistently high revenue and the delivery of the full spectrum of Fortinet solutions, and have a staff of highly trained and certified Fortinet experts who can manage the most complex customer deployments.

Partners will also be able to customise their Fortinet support to match their business model. There are three broad categories of business model:

  1. Integrators primarily sell on-premise solutions.
  2. Market Place partners are cloud-certified specialists who secure customers using a different consumption model.
  3. MSSP partners sell managed services.

Partners can receive specialised support for any of these business models or in any combination of the three. Each of the four levels of engagement is available regardless of business model; however, the partner can only hold one level of engagement at a time.

In addition to level of engagement and business model, partners can select an area of specialisation to receive additional support and benefits. These specialisation areas include:

  • dynamic cloud
  • secure access and branch
  • secure SD-WAN
  • data centre.

Customised training, certifications, and programs are available for each of these specialisations and additional new specialisations, such as operational technology (OT), zero trust network access, and security operations, are slated for release in the future.

Aaron Bailey, chief information security officer, The Missing Link, said, “We’re excited to see the launch of Fortinet’s Engage partner program. Since 2013, The Missing Link has invested heavily in Fortinet training and certification to become a leading provider, and the results speak for themselves. Fortinet has consistently been one of our fastest-growing vendors, year after year. The granularity and specificity of this program lets partners choose which areas and capabilities they wish to specialise in. We look forward to continuing to invest in Fortinet to ensure The Missing Link can continue to provide the best level of service, innovation, and security to its clients.”

Jon McGettigan said, “The new Fortinet Engage partner program is designed to support and benefit partners to help them maximise their opportunities in the ways that make the most sense to them. By recognising specific levels and areas of specialisation for partners, it’s easier for our partners to get the support they require and for end-user customers to choose the partner they want to work with.

“Fortinet is about helping partners accelerate their growth and deliver market-leading security solutions to a broader range of customers. We look forward to continuing to work closely with our partners to develop strong relationships that drive revenue and opportunity.”

-END-

About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organisations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 440,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning company, the Fortinet Network Security Expert (NSE) Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

Fortinet introduces self-learning artificial intelligence appliance for sub-second threat detection

 

FortiAI leverages Deep Neural Networks to automate threat detection and remediation, expanding Fortinet’s AI-driven security offerings

John Maddison, EVP of products and CMO at Fortinet, said, “Fortinet has invested heavily in FortiGuard Labs cloud-based AI-driven threat intelligence, allowing us to detect more threats, more quickly and more accurately. FortiAI takes the artificial intelligence knowledge from FortiGuard Labs and packages it specifically for on-premises deployments. This gives customers the power of FortiGuard Labs directly in their environment, with self-learning AI to identify, classify and investigate sophisticated threats in sub-seconds.”

News summary

Fortinet® (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, has announced FortiAI, a first-of-its-kind on-premises appliance that leverages self-learning Deep Neural Networks (DNN) to speed threat remediation and handle time consuming, manual security analyst tasks. FortiAI’s Virtual Security Analyst™ embeds one of the industry’s most mature cybersecurity artificial intelligence – developed by Fortinet’s FortiGuard Labs – directly into an organisation’s network to deliver sub-second detection of advanced threats.

Organisations face an uphill battle

Security architects confront many challenges when it comes to discovering and remediating threats, including:

  • Cybercriminals are becoming more sophisticated. While traditional cyber threats continue, sophistication of advanced attacks – often enabled by artificial intelligence, machine learning and open source communities – are increasing. As a result, organisations and their defenses are challenged to keep pace with threat evolution.
  • The attack surface is expanding. Millions of new applications, growing cloud adoption and the increase in connected devices are creating billions of edges that security teams need to properly protect and manage. Organisations are challenged to keep pace with the threat volume resulting from many potential entry points.
  • Security teams are constrained due to the cyber skills shortage. The cybersecurity industry faces a skills gap that has become a top emerging risk for organisations. There are not enough skilled professionals available to properly triage, investigate and respond to the growing number of threats – potential and actual – making it easier for cybercriminals to outpace legacy security processes and tools.

Self-learning AI adapts organisations’ threat protection

To address these challenges faced by security professionals today, Fortinet is unveiling FortiAI Virtual Security Analyst™ to accelerate threat remediation. FortiAI handles many of the time consuming, manual tasks currently expected of security professionals, preserving their time for higher value security functions. FortiAI’s self-learning capabilities continue to get smarter once deployed in an organisation’s network.

FortiAI leverages Deep Learning known as Deep Neural Networks, which mimic neurons in the human brain, to make complex decisions based on its scientific analysis of threats specific to the organisation where it is deployed. As FortiAI’s artificial intelligence continues to mature, organisations benefit from having FortiAI’s Virtual Security Analyst™ effectively transform and adapt threat protection.

FortiAI levels the playing field

Fortinet’s Deep Neural Networks (DNN) approach enables FortiAI to revolutionise threat protection by:

  • Automating time-consuming manual investigations to identify and classify threats in real time: Organisations using legacy security processes combined with limited security staff find it difficult to perform manual investigations for each threat alert. This creates additional risks including a data breach or security incident due to slow response time. To solve this, FortiAI automates investigations using DNN to identify the entire threat movement and uncover patient zero and all subsequent infections in a sub-second.
  • Transforming security processes for instant detection and remediation of attacks: FortiAI’s Virtual Security Analyst™ significantly reduces the time organisations are exposed to threats by scientifically analysing characteristics of threats and generating an accurate verdict to accelerate threat response.
  • Delivering tailored threat intelligence to significantly reduce false positives: False positives are a burden for security analysts to investigate and it is time consuming to determine threats versus non-threats. Through tailored threat intelligence, FortiAI learns new malware features as it adapts to new attacks instantaneously and reduces false positives.

On-premises protection for air gapped networks

Another key distinction of FortiAI is that it offers on-premises AI suitable for organisations that have air gapped networks. Operational technology environments, government agencies and some large enterprises must adhere to strict compliance regulations and/or security policies that limit their network’s connection to the internet. FortiAI with its self-learning AI model does not require internet connectivity to learn and mature, enabling organisations with closed environments or stringent security policies to stay ahead of threats.

Fortinet’s AI-driven technologies automate threat protection

Fortinet has a longstanding history of helping customers strengthen their security posture by leveraging artificial intelligence. Some of the existing Fortinet offerings and services, complemented by the new FortiAI, that leverage various forms of AI, such as least squares optimisation and Bayesian probability metrics, include:

  • FortiGuard Labs Threat Intelligence: FortiGuard Labs uses proven advanced AI and machine learning to gather and analyse over 100 billion security events every day. This threat intelligence produced by FortiGuard Labs is delivered to customers through its subscription services available for a range of Fortinet’s products, including the flagship FortiGate NGFWs. As a result, customers benefit from artificial intelligence deployed in global labs for faster threat prevention.
  • FortiSandbox: Fortinet is the first security vendor to introduce AI to sandboxing to automate breach protection. FortiSandbox includes two machine learning models to its static and dynamic analysis of zero-day threats, improving the detection of constantly evolving malware, such as ransomware and cryptojacking. Through the use of a universal security language to categorise malware, FortiSandbox also connects discussions between network and security teams, leading to more integrated and improved security operations.
  • FortiEDR: Fortinet’s FortiEDR uses machine learning to automate the endpoint protection against advanced threats with real time orchestrated incident response functionalities. Customers also benefit from more control of network, user and host activity within their environments.
  • FortiInsight: FortiInsight uses machine learning analytics to effectively monitor endpoints, data movements and user activities to detect unusual, malicious behaviour and policy violations attributed to insider risk.
  • FortiWeb: To better protect web applications and APIs, FortiWeb applies machine learning to tailor a unique defense for each application. As a result, FortiWeb can quickly block threats while minimising the false positives that may interfere with end user experience.
  • FortiSIEM: FortiSIEM leverages machine learning to recognise patterns in typical user behavior like location, time of day, devices used and specific servers accessed. FortiSIEM can then automatically notify security operations teams when anomalous activities occur, like concurrent logins from separate locations.

As cyber criminals look to exploit the expanding digital attack surface with sophisticated attacks, the breadth and depth of the Fortinet Security Fabric’s AI-driven technology provides customers with unparalleled threat prevention, detection and response that can be instant and automated.

Supporting quotes

“Deploying FortiSandbox to protect our organisation against zero-day threats was seamless through Fortinet’s Security Fabric platform. FortiSandbox secures our perimeter, client and mail servers, and ultimately is protecting our assets from advanced unknown threats. Leveraging FortiSandbox’s AI-driven capabilities has helped us keep pace with AI-driven threats, all while providing an easy and simplified way to configure and manage our security.” – Dario Palermo, System and Network Administrator at Ente Autonomo Volturno

Additional resources

About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organisations around the world. Fortinet empowers our customers with complete visibility and control across the expanding attack surface and the power to take on ever-increasing performance requirements today and into the future. Only the Fortinet Security Fabric platform can address the most critical security challenges and protect data across the entire digital infrastructure, whether in networked, application, multi-cloud or edge environments. Fortinet ranks #1 in the most security appliances shipped worldwide and more than 440,000 customers trust Fortinet to protect their businesses. Both a technology company and a learning company, the Fortinet Network Security Expert (NSE) Institute has one of the largest and broadest cybersecurity training programs in the industry. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.

Copyright © 2020 Fortinet, Inc. All rights reserved. The symbols ® and denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiCare, FortiManager, FortiAnalyzer, FortiOS, FortiADC, FortiAP, FortiAppMonitor, FortiASIC, FortiAuthenticator, FortiBridge, FortiCache, FortiCamera, FortiCASB, FortiClient, FortiCloud, FortiConnect, FortiController, FortiConverter, FortiDB, FortiDDoS, FortiExplorer, FortiExtender, FortiFone, FortiCarrier, FortiHypervisor, FortiIsolator, FortiMail, FortiMonitor, FortiNAC, FortiPlanner, FortiPortal, FortiPresence , FortiProxy, FortiRecorder, FortiSandbox, FortiSIEM, FortiSwitch, FortiTester, FortiToken, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM.

Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding technology releases among others. Changes of circumstances, product release delays, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialise or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

Fortinet closes acquisition of Meru Networks

Wavelink LogoFortinet (NASDAQ: FTNT), the global leader in high-performance cyber security solutions, has announced it has closed the acquisition of Meru Networks (NASDAQ:MERU), a leader in intelligent Wi-Fi networking. With the close of this acquisition, Fortinet expands on its secure wireless vision and enterprise growth focus, broadens the company’s solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.

Fortinet’s proven solutions in secure Wi-Fi markets, with its FortiAP secure wireless access points and FortiWiFi integrated security appliances for enterprise branch offices and small businesses have been among the fastest growing products in the company’s “advanced technologies” portfolio. The addition of Meru’s intelligent Wi-Fi solutions to the Fortinet portfolio extends the delivery of a secure, uninterrupted user experience – anytime anywhere – providing peak performance in environments requiring high capacity load and a high-density of wireless users, such as enterprise, education, healthcare, and hospitality.

“To truly protect against all possible attack vectors, we are continuing to expand our market-leading end-to-end security platform to provide customers with the visibility and continuous threat protection they need – from the data centre, to the cloud to the end-point,” said Ken Xie, founder, chairman and CEO of Fortinet. “We expect the acquisition of Meru to help us deliver new solutions and services to help enterprises of all sizes deploy, manage, and secure wired and wireless networks in a mobile era.”

Fortinet and Meru customers will benefit from Fortinet’s commitment to providing secure, uninterrupted connectivity for their highly mobile end-users, while offering channel partners a broader solutions portfolio to take to market.

With the completion of the transaction, Meru employees officially join Fortinet.

In connection with the acquisition, Fortinet is paying $1.63 per Meru share in cash, an equity value of approximately $44 million for the transaction. Fortinet first completed the tender offer for all outstanding shares of Meru by accepting for payment all such shares validly tendered and not properly withdrawn as of the expiration time of the tender offer, which represented approximately 60.18% of Meru’s outstanding shares. Subsequently, a wholly-owned subsidiary of Fortinet merged with and into Meru, resulting in Meru becoming a wholly owned subsidiary of Fortinet. As a result of the merger, all remaining shares of Meru not purchased by Fortinet in the tender offer (other than shares owned by Meru, Fortinet or their subsidiaries and shares subject to properly exercised appraisal rights claims) were converted into the right to receive the aforementioned cash payment. All shares of Meru are expected to be delisted from the NASDAQ stock market.

About Fortinet Fortinet (NASDAQ: FTNT) protects the most valuable assets of some of the largest enterprise, service provider and government organisations across the globe. The company’s fast, secure and global cyber security solutions provide broad, high-performance protection against dynamic security threats while simplifying the IT infrastructure. They are strengthened by the industry’s highest level of threat research, intelligence and analytics. Unlike pure-play network security providers, Fortinet can solve organisations’ most important security challenges, whether in networked, application or mobile environments – be it virtualised/cloud or physical. More than 210,000 customers worldwide, including some of the largest and most complex organisations, trust Fortinet to protect their brands. Learn more at http://www.fortinet.com, the Fortinet Blog or FortiGuard Labs.

Copyright © 2015 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release contains forward-looking statements that involve uncertainties and assumptions, such as statements regarding product releases, the anticipated benefits of Fortinet’s acquisition of Meru and Fortinet’s future plans for Meru’s business. Changes of circumstances, product release delays, risks that the anticipated benefits of the acquisition may not be realised, changes in business plans or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialise or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.

Fortinet closes acquisition of Meru Networks

Wavelink LogoFortinet (NASDAQ: FTNT), the global leader in high-performance cyber security solutions, has announced it has closed the acquisition of Meru Networks (NASDAQ:MERU), a leader in intelligent Wi-Fi networking. With the close of this acquisition, Fortinet expands on its secure wireless vision and enterprise growth focus, broadens the company’s solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.

Fortinet’s proven solutions in secure Wi-Fi markets, with its FortiAP secure wireless access points and FortiWiFi integrated security appliances for enterprise branch offices and small businesses have been among the fastest growing products in the company’s “advanced technologies” portfolio. The addition of Meru’s intelligent Wi-Fi solutions to the Fortinet portfolio extends the delivery of a secure, uninterrupted user experience – anytime anywhere – providing peak performance in environments requiring high capacity load and a high-density of wireless users, such as enterprise, education, healthcare, and hospitality.

“To truly protect against all possible attack vectors, we are continuing to expand our market-leading end-to-end security platform to provide customers with the visibility and continuous threat protection they need – from the data centre, to the cloud to the end-point,” said Ken Xie, founder, chairman and CEO of Fortinet. “We expect the acquisition of Meru to help us deliver new solutions and services to help enterprises of all sizes deploy, manage, and secure wired and wireless networks in a mobile era.”

Fortinet and Meru customers will benefit from Fortinet’s commitment to providing secure, uninterrupted connectivity for their highly mobile end-users, while offering channel partners a broader solutions portfolio to take to market.

With the completion of the transaction, Meru employees officially join Fortinet.

In connection with the acquisition, Fortinet is paying $1.63 per Meru share in cash, an equity value of approximately $44 million for the transaction. Fortinet first completed the tender offer for all outstanding shares of Meru by accepting for payment all such shares validly tendered and not properly withdrawn as of the expiration time of the tender offer, which represented approximately 60.18% of Meru’s outstanding shares. Subsequently, a wholly-owned subsidiary of Fortinet merged with and into Meru, resulting in Meru becoming a wholly owned subsidiary of Fortinet. As a result of the merger, all remaining shares of Meru not purchased by Fortinet in the tender offer (other than shares owned by Meru, Fortinet or their subsidiaries and shares subject to properly exercised appraisal rights claims) were converted into the right to receive the aforementioned cash payment. All shares of Meru are expected to be delisted from the NASDAQ stock market.

About Fortinet
Fortinet (NASDAQ: FTNT) protects the most valuable assets of some of the largest enterprise, service provider and government organisations across the globe. The company’s fast, secure and global cyber security solutions provide broad, high-performance protection against dynamic security threats while simplifying the IT infrastructure. They are strengthened by the industry’s highest level of threat research, intelligence and analytics. Unlike pure-play network security providers, Fortinet can solve organisations’ most important security challenges, whether in networked, application or mobile environments – be it virtualised/cloud or physical. More than 210,000 customers worldwide, including some of the largest and most complex organisations, trust Fortinet to protect their brands. Learn more at http://www.fortinet.com, the Fortinet Blog or FortiGuard Labs.

Copyright © 2015 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and unregistered trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, FortiGate, FortiGuard, FortiManager, FortiMail, FortiClient, FortiCare, FortiAnalyzer, FortiReporter, FortiOS, FortiASIC, FortiWiFi, FortiSwitch, FortiVoIP, FortiBIOS, FortiLog, FortiResponse, FortiCarrier, FortiScan, FortiAP, FortiDB, FortiVoice and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, binding specification or other binding commitment by Fortinet, and performance and other specification information herein may be unique to certain environments. This news release contains forward-looking statements that involve uncertainties and assumptions, such as statements regarding product releases, the anticipated benefits of Fortinet’s acquisition of Meru and Fortinet’s future plans for Meru’s business. Changes of circumstances, product release delays, risks that the anticipated benefits of the acquisition may not be realised, changes in business plans or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialise or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements.