Network security provider Fortinet announced that it intends to acquire Coyote Point, a privately-held provider of enterprise-class application delivery, load balancing and acceleration solutions that enable IT personnel to have greater control over their web and application servers.

“This acquisition complements Fortinet's Network Security strategy and allows the company and our channel partners to accelerate and further deliver on our vision of providing complete and comprehensive security into the enterprise,” said Fortinet President and Chief Executive Officer Ken Xie. 

Founded in 1999, Coyote Point markets the Equalizer ADC product line. Application delivery controllers (ADCs) provide functions that optimize enterprise application environments. The market evolved from the load-balancing systems, specifically developed to ensure the availability and scalability of websites. Companies use ADCs to optimize reliability, end-user performance, data center resource use and security for a variety of enterprise applications.

No immediate changes will be made to Coyote Point product offerings, customer support and channel programs or any existing ADC products that Fortinet markets. Future products and solution offerings will be announced upon their availability.

Terms of the acquisition are not being disclosed; they are not expected to be material to Fortinet's Q1 operating results.