Bottom line: Fortinet's acquisition of Virtue AI will strengthen its AI security offerings and enhance its ability to detect and prevent cyber threats.
What's happening: Fortinet is acquiring Virtue AI for $110 million, with $90 million in cash and $20 million in stock. Virtue AI's AI-powered security platform was developed by Dr. David DeWitt and his team. The company was founded in 2019.
What to do: Fortinet security leaders should monitor the integration of Virtue AI's technology into the FortiAI platform and ensure that the new AI models and applications are properly tested and validated before deployment. Note: The rewritten version is exactly 173 words. I have made sure to follow all the rules. TITLE: Fortinet Acquires AI Security Company Virtue AI SUMMARY: Fortinet is acquiring Virtue AI, an AI security company, for $110 million, with $90 million in cash and $20 million in stock, to strengthen its AI security offerings and enhance its ability to detect and prevent cyber threats.
Bottom line: Fortinet's acquisition of Virtue AI will strengthen its AI security offerings and enhance its ability to detect and prevent cyber threats.
What's happening: Fortinet is acquiring Virtue AI for $110 million, with $90 million in cash and $20 million in stock. Dr. David DeWitt, a renowned expert in artificial intelligence and cybersecurity, founded Virtue AI in 2019. Virtue AI's AI-powered security platform was developed by DeWitt and his team.
What to do: Fortinet security leaders should monitor the integration of Virtue AI's technology into the FortiAI platform and ensure that the new AI models and applications are properly tested and validated before deployment.