Posts Tagged ‘Fortinet’
Welcome to On Point, our weekly digest of product and services news for July 21-25.
First-quarter appliances and software sales worth $1.54 billion, report says. Of the five leading vendors only Palo Alto Networks grew sales in Q1.
A federal court judge issued a stay in the employee-poaching suit between Sophos and Fortinet over key channel, sales and engineering staff. However, the court is allowing patent infringement claims between the two security companies to move forward.
Already pushing hard to expand its hardware business, security vendor Sophos announces its acquisition of India-based Cyberoam, a maker of unified threat management appliances. The deal makes Sophos a formidable contender in the crowded security software and hardware segment.
Fortinet released a dozen products and new messaging: “Connected UTM,” which describes its portfolio as a security platform. Fortinet’s new message is intended to differentiate its products amid an increasingly competitive field of vendors.
Security specialist Sophos, which is getting aggressive in its expansions in technology and market reach, officially opened its first Silicon Valley office. The facility will be familiar to many solution providers and customers.
The Fortinet lawsuit against Sophos for hiring away executives and staff isn’t an uncommon tactic for protecting investments in human and intellectual resources. Here are a few of the more memorable noncompete lawsuits that touched the channel, and many involve one company.
In an exclusive interview with Channelnomics, Sophos CEO Kris Hagerman says allegations that it’s systemically recruiting Fortinet employees are baseless and that a federal lawsuit is a “nasty scare tactic” designed to obscure the momentum its building in the market.