Fortinet has acquired CyberSponse, a security orchestration, automation and response (SOAR) platform provider. The deal has clear benefits for managed security services providers (MSSPs) and channel partners, Fortinet CEO Ken Xie said in a letter to customers and partners.
That letter, in part, stated:
"Fortinet Partners: This acquisition expands yet again partners’ security offering and addressable market, adding value for end customers with integrated solutions for the SOC. Managed Security Service Providers will be able to realize the full value of this combination and deliver a broad and efficient set of managed security service offerings, beyond traditional security device management all the way through to “full stack” managed detection, prevention and response with FortiAnalyzer, FortiSIEM and FortiInsight as well as the recently acquired FortiEDR offering. As we progress through the post-merger integration, we will keep you updated on additional integrations, use cases and success stories.
CyberSponse Customers and Partners: We welcome you to Fortinet and invite you to evaluate how the integrated Fortinet Security Fabric can enhance your security and business practices. Fortinet is dedicated to security innovation, is a profitable security leader, and has a strong balance sheet and a market value of approximately $18 billion. Fortinet intends to continue the investment and support for CyberSponse’s product. Please use your existing contacts for support, services and sales. As with any acquisition there will be some degree of post-acquisition integration work, but we will work to ensure the post-merger integration is as smooth as possible."
Fortinet: Where CyberSponse SOAR Fits In
CyberSponse, already a Fortinet Security Fabric partner, will further extend the automation and incident response capabilities of FortiAnalyzer, FortiSIEM and FortiGate, for example, and further simplify security operations, Fortinet added in a prepared statement.
Stay tuned for more deal details. MSSP Alert will update this blog throughout Thursday with more perspectives.