Fortinet Acquires Data Security Provider Next DLP

Network cybersecurity provider Fortinet is making a strategic acquisition to strengthen its secure access service edge (SASE) business.

The company announced on Tuesday the purchase of Next DLP, a security company that specializes in insider risk and data protection.

Fortinet's Ken McCray

“Fortinet sees tremendous potential for the channel in combining Next DLP’s innovative technology with Fortinet's proven leadership, expertise, and global reach," Ken McCray, Fortinet's VP of Channel Sales, told Channel Futures. "We continue to strengthen our partners’ role as trusted advisors to customers by giving them flexible solutions that address today’s most pressing security needs. Our partners can increase deal sizes as we continue to strengthen our portfolio with the integration of Next DLP as a stand-alone data loss prevention offering within the Fortinet Security Fabric and as part of Fortinet’s top-tier Unified SASE solution.” 

Fortinet's Ken Xie

"The acquisition of Next DLP supports our goal of steadily and strategically enhancing our solutions to continue protecting enterprises with the top security solutions on the market," said Ken Xie, Fortinet CEO. "Next DLP will significantly strengthen our data loss prevention capabilities, helping customers manage insider risk across SASE and endpoint deployments."

Related:CF20: 2023's Top SASE Providers You Should Know

The Next DLP platform spots insider risk and detects data loss. The company announced an expansion of its Reveal platform last fall that would include a number of popular generative AI tools such as Hugging Face, Bard and Claude.

The deal arrives a week after Fortinet completed its acquisition of the security company Lacework.