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  5. Fortinet, Inc.
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    FTNT   US34959E1091

FORTINET, INC.

(FTNT)
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Business Summary
Logo Fortinet, Inc.
Fortinet, Inc. is a network security company. The Company provides cyber security solutions to a range of enterprises, service providers and government organizations across the world. Its network security solution consists of FortiGate physical, virtual machine and cloud platforms, which provide integrated security and networking functions to protect data, applications and users from network-and content-level security threats. The Company's product offerings consist of its FortiGate product family, along with its FortiManager central management and FortiAnalyzer central logging and reporting product families. Its cybersecurity platform includes a range of products, which include its FortiMail e-mail security, FortiSandbox advanced threat protection (ATP), FortiWeb Web application firewall, FortiDDos and FortiDB database security appliances, as well as its FortiClient endpoint security software, FortiAP secure wireless access points and FortiSwitch secure switch connectivity products.

Number of employees : 8 238 people.
Sales per Business
20192020Delta
Security Subscription750.9034.8%918.7035.4% +22.35%
Network Security Appliance788.5036.6%916.4035.3% +16.22%
Technical Support and Other616.8028.6%759.3029.3% +23.1%
USD in Million
Sales per region
20192020Delta
Europe, Middle East and Africa813.9037.7%991.9038.2% +21.87%
United States693.3032.2%813.3031.3% +17.31%
Asia Pacific425.0019.7%525.3020.2% +23.6%
Other Americas224.0010.4%263.9010.2% +17.81%
USD in Million
Managers
Name Title Age Since
Ken Xie Chairman & Chief Executive Officer 57 2013
Michael Xie President, Director & Chief Technology Officer 51 2013
Keith Jensen CFO, Chief Accounting Officer & Controller 61 2018
Phil Quade Chief Information Security Officer - 2017
William H. Neukom Lead Independent Director 78 2013
Judith Sim Independent Director 51 2015
Ming Hsieh Independent Director 64 2013
Jean Hu Independent Director 56 2019
Kelly Ducourty Independent Director 45 2020
Kenneth A. Goldman Independent Director 71 2010
Members of the board
Name Title Age Since
Ken Xie Chairman & Chief Executive Officer 57 2013
Michael Xie President, Director & Chief Technology Officer 51 2013
William H. Neukom Lead Independent Director 78 2013
Judith Sim Independent Director 51 2015
Ming Hsieh Independent Director 64 2013
Jean Hu Independent Director 56 2019
Kelly Ducourty Independent Director 45 2020
Kenneth A. Goldman Independent Director 71 2010
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 163,317,652 133,522,441 81.8% 0 0.0% 81.8%
Shareholders
NameEquities%
The Vanguard Group, Inc. 15,101,557 9.25%
Ken Xie 12,563,470 7.69%
Michael Xie 11,429,925 7.00%
T. Rowe Price Associates, Inc. (Investment Management) 9,640,134 5.90%
SSgA Funds Management, Inc. 5,190,303 3.18%
AllianceBernstein LP 3,955,708 2.42%
Starboard Value LP 3,516,406 2.15%
Eminence Capital LP 3,127,727 1.92%
BlackRock Fund Advisors 3,054,406 1.87%
Walter Scott & Partners Ltd. 3,029,553 1.86%
Company contact information
Fortinet, Inc.
899 Kifer Road
Sunnyvale, CA 94086

Phone : +1.408.235.7700
Fax : +1.408.235.7737
Web : http://www.fortinet.com
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