Fortinet has announced the acquisition of Next DLP, a leader in insider risk and data protection. This strategic move aims to enhance Fortinet’s position in the standalone enterprise data loss prevention (DLP) market and strengthen its leadership within integrated DLP markets, particularly in endpoint security and Secure Access Service Edge (SASE). By integrating Next DLP’s capabilities, Fortinet seeks to align its business strategy with the growing demand for effective data security solutions.
Ken Xie, Fortinet’s Founder and CEO, emphasized that the acquisition will significantly bolster the company’s data loss prevention capabilities, helping customers manage insider risks across their SASE and endpoint deployments. He reiterated Fortinet’s long-standing commitment to innovating data security, focusing on protecting customers and addressing the critical issue of insider threats. This integration is expected to extend Fortinet’s leading data security solutions to a wider range of organizations globally.
Connie Stack, CEO of Next DLP, expressed enthusiasm about the acquisition, highlighting the potential of combining Next DLP’s innovative technology with Fortinet’s established market leadership. She noted that this partnership recognizes the technical excellence of Next DLP’s team and provides a solid foundation for further growth and success. The acquisition not only benefits both companies but also positions them to better serve enterprises facing increasing data protection challenges.
As part of its Unified SASE solution commitment, Fortinet plans to integrate Next DLP’s technology to enhance its security service edge (SSE) offerings. This integration will provide advanced data loss prevention capabilities and further strengthen insider risk and data protection features within the Fortinet Security Fabric. By doing so, Fortinet aims to deliver comprehensive security solutions that address the evolving needs of enterprises in a digital landscape increasingly vulnerable to data breaches and insider threats.
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