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Fortinet plans IPO

Fortinet plans IPO

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by Stephen Withers
Tuesday, 11 August 2009
Network security vendor Fortinet is going public. The company has registered its intended IPO with the US Securities and Exchange Commission (SEC). Featured Whitepaper 5 Best Practices for Smartphone Support 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. Tags See All Tags Company Fortinet IPO Network security Security Stephen Withers United States Powered By Joomla Tags Please enable JavaScript in your browser to post your comment!

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