Richard Stiennon has joined Fortinet, maker of multi-threat security solutions, as its chief marketing officer. He will be charged with driving the firm's market strategies and working with enterprise, carrier and managed service provider customers. He previously served as founder and chief research analyst of IT-Harvest.www.fortinet.com
The uproar over foreign control over American interests was blamed for the break-up of one nearly successful IT security merger.
CheckPoint Software Technologies Ltd., which is based in Israel, and Maryland-based Sourcefire broke off a $225 million merger that came under intense scrutiny by the Committee on Foreign Investment in the United States (CFIUS).
"Basically we agreed to withdraw applications based on a couple of things," said Michelle Perry, chief marketing officer for Sourcefire. "First the complexities of the overall CFIUS process, the lengthy ongoing delays and the current climate for international acquisitions.