Fortinet acquires CoSine IP assets

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.

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