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Looking Back: Top 10 Security Stories of 2009

By Ericka Chickowski  |  Print this article Print
 
 
 
 
 
 
 

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In a year that proved difficult for many within the IT channel, IT security remained a hot commodity as buyers worked to comply with regulatory mandates that remain no matter how bad the economy spirals and threats that only continue to ramp up. Channel Insider takes a look at some of the biggest stories within security that resonated within the channel this year.

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.