Fortinet Completes Acquisition of AccelOps

SUNNYVALE, CALIF. – AccelOps was founded in 2007 and developed the industry’s first application that integrates Security Information and Event Management (SIEM), performance, and availability monitoring in a single threat intelligence center. AccelOps’ solution simultaneously monitors security, performance, and availability across an organization’s entire physical and virtual infrastructure within a single application. AccelOps has over 500 customers across compliance-heavy industries with a strong presence in the Enterprise, Government, and Managed Service Provider segments.

Fortinet, a leading provider of high-performance cyber security solutions to enterprises, service providers, and government organizations worldwide, announced the acquisition of AccelOps, a leading provider of network security monitoring and analytics solutions. The acquisition of AccelOps will bolster Fortinet’s recently announced Security Fabric strategy by enhancing network security visibility, security data analytics and threat intelligence across multi-vendor solutions, and thus provide customers with more comprehensive end-to-end network segmentation strategies. AccelOps will be rebranded to FortiSIEM and coupled with FortiGuard Labs global threat intelligence to provide customers with prioritized, coordinated responses and actionable threat intelligence across the entire network on a subscription basis.

“Sixty-percent of all security breaches result in stolen data starting within minutes of the breach and go undetected due to ineffective threat monitoring and security event correlation. In addition, the lack of a holistic view across organizations’ entire distributed, multi-vendor networks and the growing quantity and complexity of threat information create big-data security challenges,” said Ken Xie, Fortinet’s CEO. “With the acquisition of AccelOps, Fortinet extends its Security Fabric to address these challenges by combining security and compliance monitoring with advanced analytics for multi-vendor security solutions, enabling automated and actionable security intelligence from IoT to the cloud.”

“Fortinet and AccelOps share a common vision of providing holistic, actionable security intelligence across the entire IT infrastructure,” said Partha Bhattacharya, founder and CTO of AccelOps. “Our mission has always been to help our customers make security and compliance management as effortless and effective as possible. The synergies between AccelOps’ solutions and Fortinet’s Security Fabric vision and thought leadership will ensure that our customers are protected with the most scalable and proven global threat intelligence, security and performance analytics and compliance and control across all types of network environments with multiple security and networking vendor products.”

Technology M&A Practice served as the exclusive Financial Advisor to AccelOps.

About AccelOps
AccelOps is the leading provider of scalable network security monitoring and analytics solutions. AccelOps has fundamentally changed the way organizations identify, prevent and manage threats, unifying network security monitoring and network performance analytics by providing unprecedented insight into the network. AccelOps’ virtual appliance software monitors security, performance and compliance in local and virtualized infrastructures, resulting in a unified view of the environment. The software seamlessly discovers, analyzes and automates IT issues across multi-tenant or single networks, spanning servers, devices, storage, networks, security, applications and users.

About Fortinet
Fortinet (NASDAQ: FTNT) secures the largest enterprise, service provider, and government organizations around the world. Fortinet empowers its customers with intelligent, seamless protection across the expanding attack surface and the power to take on ever-increasing performance requirements of the borderless network - today and into the future. More than 270,000 customers worldwide trust Fortinet to protect their businesses. Learn more at http://www.fortinet.com, the Fortinet Blog, or FortiGuard Labs.