Fortinet Stock Price, News & Analysis

Telefónica Tech and Fortinet (NASDAQ: FTNT) are enhancing their strategic alliance with the launch of flexWAN by Fortinet, a managed service that combines networking and security features. This new service will first be available in Spain and will expand globally across Telefónica's footprint in Europe and the Americas. The initiative aims to provide secure, high-performance connectivity for users working both in-office and remotely. This integration is a response to the growing demand for secure cloud migration and digital transformation in a hybrid work environment.

Fortinet announces the addition of Admiral James Stavridis (USN, Ret) to its Board of Directors, enhancing its leadership team. With 37 years of military experience and a strong background in cybersecurity, Admiral Stavridis aims to contribute to Fortinet's ongoing growth and innovation. He previously commanded NATO and held key roles in the Navy, and has served as Dean at The Fletcher School, emphasizing cybersecurity education. This strategic appointment aligns with Fortinet's commitment to advance its position in the cybersecurity sector.

Fortinet, a leader in cybersecurity solutions, announced a conference call for its third quarter 2021 financial results on November 4, 2021, at 1:30 p.m. PT. Investors can access the call via Fortinet's investor relations website or by dialing in prior to the call. The results will provide insights into the company's financial performance and future outlook. Fortinet has a strong customer base of over 530,000, underscoring its position in the cybersecurity market. The company emphasizes its commitment to protecting digital environments for enterprises and service providers.

Fortinet (NASDAQ: FTNT) has announced that six new global service providers have adopted its Secure SD-WAN solution, including Comcast Business, Granite Telecommunications, and Tata Teleservices. This expansion highlights Fortinet's growing momentum, with over 30,000 customers utilizing its industry-leading SD-WAN technology. The solution enables service providers to enhance their managed services, improve operational efficiency, and offer superior user experiences while reducing costs through a unified security and networking solution.

Fortinet (NASDAQ: FTNT) announced its recognition as a Leader in the 2021 Gartner Magic Quadrant for WAN Edge Infrastructure, marking its second consecutive year in this position. The company attributes this achievement to its Secure SD-WAN innovation, which integrates Zero Trust Network Access (ZTNA) to enhance security and user experience for remote work environments. Fortinet's solution supports various use cases, simplifies WAN architecture, and enables secure, scalable connectivity across diverse business landscapes.

Fortinet and Linksys unveiled the Linksys HomeWRK for Business | Secured by Fortinet, a solution aimed at enhancing remote work connectivity with enterprise-grade security. Targeted at hybrid and remote employees, this device integrates Wi-Fi 6 technology and security features from Fortinet, addressing the challenges posed by increased cyber threats in work-from-home setups. The offering is set for release in Q4 2021 in the U.S. and globally in Q1 2022, available through affordable subscription models.

Fortinet (NASDAQ: FTNT) has announced a commitment to train 1 million individuals globally over the next five years through its Training Advancement Agenda (TAA) initiative and Network Security Experts (NSE) Training Institute. This initiative aims to close the cybersecurity skills gap, with the industry needing 3.12 million professionals according to an (ISC)2 report. Fortinet's efforts include partnerships with various organizations and a focus on diversifying the cybersecurity workforce.

Fortinet has partnered with the PGA TOUR for the Fortinet Championship, kicking off the 2021-2022 FedExCup Regular Season in Napa, California, from September 13-19, 2021. This inaugural event aims to tackle critical cybersecurity challenges and promote local charitable initiatives focusing on STEM, inclusion, and veterans' reskilling programs. Fortinet will host a Security Summit to discuss innovative technologies, featuring over 35 partners. Proceeds from the championship will support nonprofit organizations aligned with Fortinet's mission to bridge the cybersecurity skills gap.