Looking Back: Top 10 Security Stories of 2009
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Page 9 of 10 )
Fortinet IPO
Even without the name recognition or clout of some of the larger security and networking players, Sunnyvale, Calif.-based Fortinet managed to make a big splash with its IPO in October. The fourth-biggest IPO of the year, Fortinet's share increased by 33 percent during the IPO.
As Channel Insider's Larry Walsh
explained in his analysis at the time, "the successful Fortinet IPO shows confidence in the security appliance market, even as the world migrates to the cloud. Investors are signaling their belief that companies large and small will continue to spend on on-premises security solutions, which means continued opportunity for vendors and solution providers."
Not only that, but Channel Insider expects 2010 to see Fortinet to make a post-IPO marketing push to improve its market share and grow its customer base. That could mean very good things for partners and potential new partners.
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