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Linksys and Fortinet Announce Strategic Alliance to Deliver Enterprise-Grade Performance and Security for Work From Home NetworksSUNNYVALE, Calif. and IRVINE, Calif., March 22, 2021 (GLOBE NEWSWIRE) -- Ken Xie, Founder, Chairman of the Board, and CEO at Fortinet “When organizations implement telework at scale, cyber criminals leap at the opportunity to exploit the numerous security gaps that arise. Security-driven networking—a strategy that converges networking and security across the connected environment, from the core, into the cloud, and to the branch and remote workers —enables organizations to see and defend today's highly dynamic environments while preserving an excellent user experience. We are excited to partner with Linksys to deliver enterprise-grade secure, reliable network connectivity for home-based workers.” Sidney Lu, Chairman and CEO of FIT Hon Teng “We are pleased to welcome Fortinet as a strategic partner in providing secured connectivity for consumers and remote professionals. The collaboration is a testament to the ongoing strength and reach of the Linksys business. We look forward to leveraging Fortinet’s proven cybersecurity expertise to capitalize on new opportunities.” News Summary Linksys, a global leader in wireless networking products, a subsidiary of Foxconn Interconnect Technology (6088.HK) (“FIT”) and Fortinet (NASDAQ: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced a strategic alliance with the intent to further secure and optimize the performance and management of home networks in today’s work from home environment. Together, Fortinet, Linksys, and FIT will offer enterprise-grade connectivity and security and unparalleled quality of service to organizations that need to provide seamless and secure connectivity for their employees to efficiently work from home. As part of the alliance, Fortinet has made a strategic investment of $75M in Linksys, which provides leading and next-generation router connectivity solutions to consumers and businesses worldwide. In addition, Fortinet will appoint a representative to the Linksys Board of Directors. Additional Resources
About Fortinet FTNT-F Copyright © 2021 Fortinet, Inc.All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiCore, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAP, FortiAppEngine, FortiAppMonitor, FortiAuthenticator, FortiBalancer, FortiBIOS, FortiBridge, FortiCache, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCenter, FortiCentral,FortiConnect, FortiController, FortiConverter, FortiCWP, FortiDB, FortiDDoS, FortiDeceptor, FortiDirector, FortiDNS, FortiEDR, FortiExplorer, FortiExtender, FortiFone, FortiHypervisor, FortiInsight, FortiIsolator, FortiLocator, FortiLog, FortiMeter, FortiMoM, FortiMonitor, FortiNAC, FortiPartner, FortiPortal, FortiPresence , FortiProtect, FortiProxy, FortiRecorder, FortiReporter, FortiScan, FortiSDNConnector, FortiSIEM, FortiSDWAN, FortiSMS, FortiSOAR, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiVoIP, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLCOS and FortiWLM. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments. This news release may contain forward-looking statements that involve uncertainties and assumptions, such as statements regarding the integration of, and plans for, the Panopta solution. Changes of circumstances, product release delays, changes in product and service plans, or other risks as stated in our filings with the Securities and Exchange Commission, located at www.sec.gov, may cause results to differ materially from those expressed or implied in this press release. If the uncertainties materialize or the assumptions prove incorrect, results may differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Fortinet assumes no obligation to update any forward-looking statements, and expressly disclaims any obligation to update these forward-looking statements. About Foxconn Interconnect Technology Contacts for Fortinet
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