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Fortinet named Renaissance Capital 2009 IPO of the Year

Fortinet (Nasdaq: FTNT), a leading global provider of highly integrated network security appliances to enterprises and service providers, was named the "Renaissance Capital 2009 IPO of the Year" by the IPO research committee of Renaissance Capital. Although IPO...read more

Fortinet quiet period ends December 27

Fortinet, which provides network security appliances to enterprises and service providers, will see its quiet period end next Sunday, Dec. 27. On Nov. 17, 2009, the company raised $156 million by offering 12.5 million shares shares at $12.50, above the range of...read more

Venture-backed IPO market shows further signs of revival

A total of thirteen companies went public in the past month, five of which made their debuts last week, making it the second busiest IPO week of the year. Coupled with the fact that eight companies submitted initial filings with the SEC and three announced...read more

Fortinet prices IPO at $12.50, above the range

Fortinet, which offers network security appliances to enterprises and service providers, raised $156 million by offering 12.5 million shares at $12.50, above its proposed range of $9 to $11. Earlier in the week the company increased the size of its offering...read more