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Fortinet Acquires Assets of Woven Systems

  • 20 August, 2009 11:34

<p>Fortinet® – a market-leading network security provider and worldwide leader of unified threat management (UTM) solutions – today announced it has acquired certain assets and intellectual property of Woven Systems, formerly a provider of Ethernet fabric switching solutions for the high-performance computing market.</p>
<p>Woven’s high-speed switching and sophisticated traffic management technology will be used to further enhance the performance of Fortinet’s FortiGate®-5000 Series chassis-based security solutions.</p>
<p>“Woven’s ASIC-driven approach to high performance is highly complementary to Fortinet’s own strategy for maximizing performance through customized processors,” said Ken Xie, CEO and co-founder, Fortinet. “This acquisition will harness the performance power of our respective technologies to offer tremendous benefits to customers who require the fastest and, often, the most mission-critical network security environments.”</p>
<p>Among Woven’s family of Ethernet switching products is one of the world’s smallest, densest and highest-performing 10 GbE switches, which attributes its speed to a custom-designed switching ASIC with unique traffic management capabilities.</p>
<p>Fortinet intends to combine Woven’s technology with its own custom network and content processors for increased scalability, which will bring about additional acceleration of security throughput for its FortiGate-5000 Series appliances. Increased switching power in the chassis-based product means communications within and between security blades will happen at greater speeds and result in overall superior scalability and performance for Fortinet’s high-end customers, including large enterprises, carriers and service providers.</p>
<p>Fortinet intends to continue selling certain Woven products and to provide support to new and existing customers who purchase FortiCare 24x7 support contracts.</p>
<p>Additional information on the FortiGate-5000 Series can be found at http://www.fortinet.com/products/fortigate/5000series.html.</p>
<p>About Fortinet (www.fortinet.com)
Fortinet is a leading provider of network security appliances and the market leader in Unified Threat Management or UTM. Fortinet solutions were built from the ground up to integrate multiple levels of security protection -- including firewall, antivirus, intrusion prevention, VPN, spyware prevention and antispam -- designed to help customers protect against network and content level threats. Leveraging a custom ASIC and unified interface, Fortinet solutions offer advanced security functionality that scales from remote office to chassis-based solutions with integrated management and reporting. Fortinet solutions have won multiple awards around the world and are the only security products that are certified in five programs by ICSA Labs: Firewall, Antivirus, IPSec VPN, Network IPS, and Antispam. Fortinet is based in Sunnyvale, California.</p>
<p>Copyright © 2009 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, FortiDB and FortiWeb. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties. Certain statements in this press release regarding the purchase of certain assets of Woven, Fortinet’s planned usage and integration of certain of those assets, and the expected benefits of such integration constitute forward-looking statements. Any statements that are not statements of historical fact (including statements containing the words "believes," “intends,” "plans," "anticipates," "expects," "estimates" and similar expressions) should also be considered forward-looking statements. A number of important factors could cause actual results or events to differ materially from those indicated by such forward-looking statements, including changes in product plans for any reason and the possibility that the integration of the Woven assets may not achieve expected results. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof, and Fortinet assumes no obligation and does not intend to update these forward-looking statements.</p>
<p>Media contact:
Sebastian Rice,
02 9959 1991,
seb@silverspan.com,
www.silverspan.com</p>

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