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HP job cuts loom for Australian employees

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Fortinet plans IPO

Business IT - Technology

Network security vendor Fortinet is going public. The company has registered its intended IPO with the US Securities and Exchange Commission (SEC).

Fortinet is a US-based provider of network security and unified threat management systems.

The company has filed a registration statement with the SEC in relation to a proposed IPO. The number of shares and the price range has yet to be determined.

Morgan Stanley, J.P. Morgan Securities, and Deutsche Bank Securities are acting as joint book-runners for the offering, with Robert W. Baird, RBC Capital Markets, ThinkEquity, JMP Securities, and Signal Hill Capital Group acting as co-managers.