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Fortinet Acquires Network Monitoring and Remediation Innovator Panopta

Panopta SaaS-based Hybrid Infrastructure Monitoring and Diagnostics Platform to
Further Ensure Fortinet Customer Networks are High Performing and Secure Through Automated NetSec Ops

Bangalore, India, December 14, 2020:  Fortinet, a global leader in broad, integrated and automated cybersecurity solutions, today announced it has acquired Panopta, the SaaS platform innovator that provides full stack visibility and automated management of the health of an enterprise network, including servers, network devices, containers, applications, databases, virtual appliances, and cloud infrastructure. 

Customers are accelerating their digital innovation initiatives and user experience determines the success of an application. Making sure infrastructure has 100% uptime is critical. Panoptaā€™s cloud-based solution delivers a complete picture of every service, network device, and application in any deployment, whether it is containers, cloud, on-prem, or hybrid. Fortinetā€™s Security Fabric, combined with Panoptaā€™s scalable, network monitoring and diagnostics platform, enables Fortinet to offer the most comprehensive network and security operations management solution for enterprises or service providers. 

ā€œGiven the complex and distributed nature of many IT environments, organizations need a high performance, secure network to successfully achieve their digital business initiatives. With the convergence of security and networking through a Security-driven Network approach organizations can get the connectivity and performance that is crucial to protect todayā€™s hyper-connected businesses. Fortinetā€™s acquisition of Panopta complements our best-in-class security offerings with a SaaS platform that provides further network visibility and agile remediation for hybrid environments, including edge and cloud networks, to achieve even greater security and business efficiency.ā€ says Ken Xie, Founder, Chairman of the Board, and CEO

In addition to further improving customersā€™ hybrid network infrastructure security and performance, the combined solution is expected to enhance real-time monitoring and effectiveness of the infrastructure that powers Fortinetā€™s security services, including cloud-based. For instance, SASE service, email, security analytics, and web application firewalls will benefit from the continuous monitoring and diagnostics provided by Panoptaā€™s platform. Integration between Panoptaā€™s solution and Fortinetā€™s FortiGate Next-generation Firewall and Secure SD-WAN solution will further enhance SD-WAN connectivity and performance. Furthermore, integration of Panoptaā€™s automated incident management with our SOAR platform can deliver a single platform view for IT teams to diagnose and resolve real-time network health incidents proactively. 

Panoptaā€™s platform is built to be partner friendly, empowering MSSPs, and value-add partners to easily integrate the multi-tenant solution into their own offering and quickly add value to their end customers. The Panopta solutionā€™s role-based access control delivers a granular governance layer between customers, and also within the Network Operations Center (NOC) and Security Operations Center (SOC) teams. 

In the current remote workforce environment, the availability, performance, security, and quality of an application and its components all impact the end-user experience. Panoptaā€™s solution analyzes both network health metrics and application performance to identify potential problem areas that may impact user access, and enables rapid, automated remediation (also called Digital Experience Monitoring or DEM).   Financial terms of the deal were not disclosed. 

Source: Business World

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