About This Deal
Fortinet acquired Perception Point Ltd. for $33.7 million, a transaction announced in December 2024.
Asset acquisition of the advanced collaboration and email security business to expand Fortinet's email and workspace threat protection.
Asset acquisition of the advanced collaboration and email security business to expand Fortinet's email and workspace threat protection.
Deal Terms
Acquirer
Fortinet
Target
Perception Point Ltd.
Value
$33.7 million
Date
December 2024
Type
Full acquisition
Status
Completed
Transaction Details
Announced
December 5, 2024
In Their Words
On December 5, 2024, we closed an acquisition of certain assets and liabilities of Perception Point Ltd., a business specializing in advanced collaboration and email security, for $33.7 million in cash.
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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