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Fortinet is headquartered in Sunnyvale, California, both the Brothers Ken Xie and

Michael Xie founded Fortinet way back in 2000. Fortinet owns a 2,00,000 square foot
manufacturing assembly and operations center in Union City, California, and has
offices around the globe. Founded in 2000 by Ken Xie, the visionary founder and
former president and CEO of NetScreen, Fortinet is led by a strong management team
with deep experience in networking and security

The company's first and main product was FortiGate, a physical firewall. The
company later added wireless access points, sandbox (computer security), and
messaging security.

Fortinet makes possible a digital world that we can always trust through its
mission to protect people, devices, and data everywhere.

This is why the world’s largest enterprises, service providers, and government
organizations choose Fortinet to securely accelerate their digital journey.

The Fortinet Security Fabric platform delivers broad, integrated, and automated
protections across the entire digital attack surface, securing critical devices,
data, applications, and connections from the data center to the cloud to the home
office. Ranking #1 in the most security appliances shipped worldwide, more than
635,000 customers trust Fortinet to protect their businesses.

Fortinet has a massive install base of customers — over 600,000 — and finished out
2021 with over $4.1 billion in billings.

Founded over 22 years ago, Fortinet is still run by the original founders, Ken Xie
and Michael Xie.

Fortinet is a financially stable company with large investments in a broad


portfolio of cybersecurity products from endpoint to cloud and everything in
between.

Fortinet has strong analyst validation and is included in over 33 different


enterprise analyst reports.

Something that’s very unique to Fortinet is our vertical integration. We not only
have our own cybersecurity products, but also own our own operating system, and we
actually design our own ASICs for our products, which means we have a very
vertically integrated business, which allows us to take control of the supply
chain.

Fortinet is dedicated to investing in innovation for our customers in many ways.


Three key examples are:

Strong investment in our supply chain. We are focused on proactively managing our
supply chain, redesigning products and qualifying additional suppliers to source
multiple components to ensure we can deliver the products our customers depend on.
Fortinet ships nearly 50% of all next-generation firewalls – more than all our
competitors combined – and this is a testament to not only our supply chain
strength, but also our investment in proprietary ASIC technology and dedication to
improving the performance and energy efficiency of our products.
Investment in scale of threat intelligence and AI/ML. Fortinet's FortiGuard Labs
team uses mature AI and ML technology to neutralize over 200 billion threat events
a day and issues over 1 billion actionable updates a day for our customers.

Organic investment across portfolio and supply chain. Fortinet holds nearly 3 times
more patents than comparable network security vendors, a testament to our
dedication to organic innovation that delivers industry-leading cybersecurity and
networking solutions.

Fortinet will continue to invest in innovation across our portfolio and supply
chain for the benefit of our customers.

Fortinet is a North America-based company in terms of R&D, with Sunnyvale, Ottawa,


and Burnaby being our main centers of innovation. We have a few outposts through
acquisitions in Israel, India, and most recently in Japan, but the majority of our
R&D — around 95% — is in North America.

Fortinet now has over 12,000 employees around the world and a global footprint in
terms of support and centers of excellence across time zones from North America to
Europe to Asia.

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