How many acquisitions has Fortinet made so far?

Fortinet has completed 21 acquisitions so far, with an average acquisition amount of $34.3M.

Which countries does Fortinet usually acquire in?

Fortinet has made acquisitions in 5 countries with the most activity in United States and Israel.

Which is Fortinet's latest acquisition?

Fortinet's most recent acquisition is Virtue AI, a Provider of AI security and compliance platform, acquired in August 2026.

Which sectors does Fortinet target for acquisitions?

Most of Fortinet's acquisitions are in Cybersecurity (11) and Enterprise Networking (5).

In which year did Fortinet make the most acquisitions?

Fortinet was most active in 2024, with 3 acquisitions completed in that year.

List of 21 Acquisitions by Fortinet (Sep 2026)

Most viewed in 2019

Fortinet has made a total of 21 acquisitions. The firm has been active across 13 sectors, led by Cybersecurity, Enterprise Networking, and IT Operations, spanning 5 countries, including United States, Israel, and United Kingdom. Peak acquisition years were 2024 and 2021 with 3 acquisitions each, followed by 2020 with 2 acquisitions. From 2020 to 2025, the firm averaged 1.4 acquisitions annually, and it has completed 1 acquisition so far in the current year. The most recent acquisition, completed in August 2026, is Virtue AI, a San Francisco-based provider of an AI security and compliance platform founded in 2014.

Here's the year on year acquisition history of Fortinet:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2025	1
2024	3
2021	3
2020	2
2019	2
2018	2
2016	1
2015	1
2013	1
2012	1
2011	1
2009	1
2008	1

View all Acquisitions by Fortinet

Recent acquisitions by Fortinet

Fortinet's most recent acquisition - Virtue AI is a Provider of AI security and compliance platform, founded in 2014 and located in San Francisco. Fortinet acquired it in August 2026 for a price of $*****.

Here is the list of all acquisitions by Fortinet sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Aug 17, 2026	Virtue AI	yqxx	aoxh	53	601
May 22, 2025	Suridata.ai	fket	wrce	19	660
Dec 12, 2024	Perception Point	nzxy	op{r	77	703
Aug 05, 2024	Next DLP	kmpc	ahob	66	726
Jun 10, 2024	Lacework	nuiq	fych	38	555