Fortinet Extends Its Universal SASE Footprint Through Expanded Strategic Partnership With Digital Realty
Portfolio Pulse from Benzinga Newsdesk
Fortinet (NASDAQ:FTNT) has expanded its strategic partnership with Digital Realty (NYSE:DLR) to accelerate the expansion of Fortinet Universal SASE, which now exceeds 100 locations globally. The partnership leverages Digital Realty's PlatformDIGITAL® to secure hybrid IT workflows and enhance cloud-delivered security and connectivity. Fortinet is investing in its SASE business and scaling its cloud network through partnerships, including with Google Cloud and Digital Realty. The alliance integrates Fortinet Security Fabric into Digital Realty's infrastructure, offering greater protection and connectivity for enterprise customers' hybrid workforce.
December 05, 2023 | 2:09 pm
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POSITIVE IMPACT
Digital Realty's partnership with Fortinet could enhance its service offerings, potentially attracting more customers seeking comprehensive data center and security solutions.
Digital Realty's collaboration with Fortinet is expected to bolster its PlatformDIGITAL® by integrating advanced security solutions, which may attract enterprises looking for robust data center and security services. This could lead to an increase in customer base and revenue for Digital Realty in the short term.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Fortinet's expanded partnership with Digital Realty is set to accelerate the adoption of its Universal SASE solution, which could lead to increased market penetration and revenue growth.
The strategic partnership with Digital Realty is likely to enhance Fortinet's SASE solution's market reach and adoption, which could positively impact revenue and customer base in the short term. The integration of Fortinet's Security Fabric into Digital Realty's infrastructure suggests a deepening of the relationship, which is typically viewed positively by investors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80