About This Deal

Fortinet acquired CyberSponse, Inc. for $26.1 million, a transaction announced in December 2019.

Acquired the security orchestration, automation and response (SOAR) vendor to add automated incident response to the platform (basis of FortiSOAR).

Acquired the security orchestration, automation and response (SOAR) vendor to add automated incident response to the platform (basis of FortiSOAR).

Deal Terms

Acquirer
Fortinet
Target
CyberSponse, Inc.
Value
$26.1 million
Date
December 2019
Type
Full acquisition
Status
Completed

Transaction Details

Announced
December 12, 2019

In Their Words

On December 12, 2019, we acquired all outstanding shares of CyberSponse, Inc. ("CyberSponse"), a provider of security orchestration, automation and response products and services. The purchase price for CyberSponse was $26.1 million.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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