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BANGALORE: Security solutions provider Fortinet has acquired all pending patents and related intellectual property (IP) assets of CoSine Communications Inc.

In connection with the sale, CoSine retained a limited right to continue using the transferred IP to support its existing customers.

The acquisition has strengthened Fortinet's IP and patent portfolio and provides the company with key innovations that will allow it to better address the carrier/service provider market.

The acquired IP portfolio covers a diverse set of technologies and key applications pertaining to methods for delivering security services through hardware than software platforms, managing subscriber profiles, and router virtualization and management.

Ken Xie, Fortinet's founder, president and CEO, said, "CoSine was an early innovator in the networking and security arena - revolutionizing the way security was deployed, delivered and managed on a massive scale. They were active in seeking patent protection for their key technological achievements and their IP portfolio reflects this diligence."

"We're excited to have acquired these assets and believe they will play an important role in Fortinet's growth in the high-end segment - particularly the carrier and service provider market," he added.