Fortinet announces plans to acquire Lacework, a late-stage cloud security startup that was once listed as a “unicorn” company valued north of $1 billion.

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Fortinet, known for network security capabilities within its Fortinet Security Fabric cybersecurity platform, is bolstering its AI and cloud security capabilities with the planned acquisition of Lacework and its AI-based offerings. The companies announced the proposed deal on Monday, with expectations that it will close in the second half of the year. The plan is..

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