Fortinet all set to acquire Meru Networks

Fortinet, the global leader in high-performance cyber security solutions announced a definitive agreement for it to acquire Meru Networks, a leader in intelligent Wi-Fi networking. The acquisition is synergistic with Fortinet’s secure wireless vision and enterprise growth focus, broadens the company’s solutions portfolio.

“The acquisition of Meru Networks maps to our overall security vision of combining strong network security with ubiquitous connectivity,” said Ken Xie, founder, chairman and CEO of Fortinet. “We expect this to accelerate our innovation through the delivery of new solutions and services to help enterprises of all sizes deploy, manage and secure wired and wireless networks in a mobile era. We believe the extension of our market-leading end-to-end security platform will increase our growth opportunities and benefit our customers and partners globally.”

With this acquisition, Fortinet believes that it will be able to expand its opportunity to address the fast growing $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions. Leading the trend to provide broad security for wired and wireless networks and devices, Fortinet also announced a new FortiGuard mobile security subscription service to protect mobile devices and applications across the enterprise.

The company expects its innovative convergence of security and wireless is critical and creates value for customers by broadening an integrated, secure network fabric and enabling protection of transmitted information, while allowing efficient management of the network and devices.