Fortinet Hits 1 Million Security Appliances Shipped

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http://www.thevarguy.com – Network security appliance maker Fortinet (NASDAQ: FTNT) shipped its one-millionth unit some 10 years after offering the first one, marking a milestone that has translated to a top position in the unified threat management (UTM) segment, company officials said. Fortinet shipped the millionth unit, a FortiGate 3950B firewall, to Bell Media, Canada’s largest multimedia conglomerate and owner of Canadian television network CTV. Researcher IDC pegs Fortinet’s leading share of the UTM market at 16.8 percent for 2011, a sector that grew at 17.4 percent last year with expectations to reach some $ (IT news)