Gtt aquires inetwork professional#

GTT provides a diverse portfolio of products and services to its customers that includes networking, internet, managed services, and voice services. This growth is in a market environment with 45.4 percent growth in the Dow Jones Industrial Average and 37.2 percent growth in the S&P 500. The company’s share price has grown 80.5 percent since its November 2016 acquisition of Hibernia. Its acquisition history has proven profitable for its stock price. The Hibernia Networks transaction was the costliest at $590 million. These four deals totaled to a combined cost of $756 million. Other recent notable GTT acquisitions over the past two years include Accelerated Connections, Transbeam, Global Capacity, and Hibernia Networks. It added several virtual and physical data centers to GTT’s network along with 51 co-location facilities. The company announced its $2.34 billion acquisition of London-based Interoute Communications in February. The transaction comes amid a season of acquisitions for GTT. “We expect a rapid integration as we work with our new clients to deliver on our purpose of connecting people across organizations, around the world and to every application in the cloud.”Īccess Point’s portfolio offered to its customers includes a consolidated billing platform and networking services. “Access Point’s strong client relationships in key vertical markets make it a compelling strategic fit for GTT,” said CEO Rick Calder in a statement.

GTT’s strategic purchase of Access Point allows it to strengthen its presence in key industries such as retail, manufacturing and energy. The McLean, Virginia-based company structured the transaction with $35 million in cash and 115,194 shares valued at $5 million. The most partner-friendly ZTNA offering in the market that remains true to Fortinet’s ongoing commitment to its valued partners.Cloud network provider GTT Communications announced Monday its acquisition of telecommunications company Access Point Inc., which is based in Cary, for $40 million.Security and networking fully integrated, including Fortinet’s industry-leading SD-WAN, furthering the company’s Security-driven Networking approach.One-of-a-kind ZTNA solution with continuous security innovation at scale, leveraging Fortinet’s top-notch R&D talent to deliver security substance “under the hood”.A broad and integrated suite of cloud security solutions providing true Zero Trust security, unlike other Zero Trust Network Access (ZTNA) providers who leave many unprotected gaps in the attack surface.

The best of scalability, performance, and security compared to any cloud security vendor.With the OPAQ acquisition, unlike other cloud security providers, Fortinet will deliver:

Gtt aquires inetwork professional#

OPAQ’s platform is purpose built to be partner friendly, empowering MSSPs, carriers and high value-add partners to easily integrate the SASE multi-tenant platform into their own offering and add value, to customers, with their Network Operations Center and Security Operations Center expertise and advanced professional services. The two technologies integrate to form the best-in-class SASE solution with the industry’s only True Zero Trust Access and Security by providing industry-leading Next-generation Firewall (NGFW) and SD-WAN capabilities, web security, sandboxing, advanced endpoint, identity / multi factor authentication, multi-cloud workload protection, cloud application security broker (CASB), browser isolation, and web application firewalling capabilities. Fortinet will be the only vendor to deliver True Zero Trust cloud security with the most complete, partner-friendly Secure Access Service Edge (SASE) platform in the market, delivering enterprise-grade security that is continuously innovated. Often cloud security providers are missing a strong security backbone or a scalable, high performant cloud architecture or, in some cases, both. As a result of today’s announcement, Fortinet’s broad Security Fabric combined with OPAQ’s patented zero trust cloud architecture will offer customers and partners more choices in how they can consume Fortinet’s best-of-breed networking and security solutions. Remote workforce trends only tend to exacerbate security risks due to the need for anywhere-anytime access to any application regardless of user and device location.įortinet has long been a leader in pioneering a Security-Driven Networking strategy. We are in an era of hyperconnectivity and ever-expanding network edge caused by an exponential growth in users, devices, applications, services, and data outside of a traditional enterprise edge.