Gigamon Exits NDR Market, Sells ThreatInsight Business to Fortinet>
Dark Reading – Andrew Braunberg
The Santa Clara, California-based network visibility and IT observability vendor quietly sold its ThreatInsight NDR business to Fortinet at the end of last year. Omdia research indicates the acquisition price was approximately $31 million.
The sale also encompassed the staff dedicated to ThreatInsight, including Gigamonâs former threat intelligence group. Omdia research indicates that approximately 30 to 50 Gigamon employees moved to Fortinet in the transaction.
Fortinet will rebrand the ThreatInsight technology as FortiNDR Cloud and sell it as a cloud-based addition to its existing on-premises FortiNDR product (formerly known as FortiAI).
Link: https://www.darkreading.com/omdia/gigamon-exits-ndr-market-sells-threatinsight-business-to-fortinet