ForeScout

ForeScout Technologies – one of developers of the automated solutions on security management for the enterprises and the state organizations. Products of the company give the chance to any persons in any place at any time and to be connected in any manner to resources of corporate network of the company without causing any damage of its security. The headquarters of ForeScout is located to Cupertino, the State of California, the USA.

The solutions ForeScout represent the automated platform for information security support of the companies which allows to trace and control all devices connected to corporate network, in real time. ForeScout CounterACT automatically identifies all connections to network (who as where), controls access within established policies of security and requirements of standards, blocks network threats, corrects violations in security of endpoints.

Among the main advantages of solutions of ForeScout it is possible to select:

• The built-in classifications of devices, templates the politician and reports of CounterACT and also full compatibility (plug&play) with the leading security systems and creation of network infrastructures allow clients to achieve fast results and it is essential to reduce the costs.
• security for mobile devices – an opportunity to classify devices by producers and users, allows to adapt policies of usage of mobile devices and smartphones by the principle "personal" "/corporate" without the need for local installation of the agent.
• visibility of network in real time without installation of agents – instant visibility of the one who, as where including users, devices, applications, processes, ports, external devices and also control of compliance to the status.
• expanded settings for "guests" are flexible mechanisms for setup and accounting of authentication processes, compliance of endpoints to requirements and security policies, access restriction and monitoring. All settings can be implemented on the basis of a name of the visitor, time, like the device and integrity of data.
• enhanced capabilities for monitoring of devices - permanent monitoring of users and devices, for the purpose of control of observance of policy and identification of harmful and illegitimate activity. Tools for identification and blocking of distribution of "worms", substitution of the MAC addresses and devices and also cases when devices issue themselves for printers or IP phones are provided in a system.
• the scalability – seamless scaling due to adding of CounterACT devices allows to service more than 250 thousand devices from the single console.

Performance Indicators

2012

The ForeScout company, the developer in the field of control of network access and the system provider of security for the different enterprises and public institutions, announced record growth in 2012. Thanks to mass use of the principles of BYOD in corporate environments and implementation in solutions of ForeScout of the last innovations in the field of NAC, in 2012 order amount was succeeded to increase the companies by 66%, and the number of clients of ForeScout around the world exceeded 1400 companies.

In the report analysts of Gartner pay special attention on BYOD as on one of the defining trends of market development of solutions for access control. NAC developers should be the most flexible, to actively involve partnership and internal departments of development to offer the clients an opportunity in all subtleties to implement politicians necessary for them and to provide effective management of personal devices of employees in corporate network. Avalanche growth of number of mobile devices in corporate network and need to implement the principles of BYOD create demand for NAC solutions of new generation. Relying on these trends, leaders noticeably strengthened the positions. Analysts expect that growth of the market next year will reach 63% due to requirement of the companies clients for the consolidated mobile device management and need to provide control and to minimize the risks connected with use.

History

2020

Greg Clark's appointment to the CEO's position

On September 17, 2020 it became known that the former CEO of Symantec Greg Clark headed ForeScout company instead of Mike DeCesare who at the same time had powers of the chairman of the board. Read more here.

Advent purchased Forescout for $1.9 billion

On February 6, 2020 the private investment company Advent International announced acquisition of Forescout Technologies for $1.9 billion Software of a term of agreement, the buyer will pay $33 for each share of the manufacture cybersecurity of solutions that is 17.9% more than stock exchange rate of quotations to closing of the exchange on February 5.

Closing of the transaction is planned on the second quarter 2020. At this Forescout the 30-day period during which the company can consider other offers and refuse the transaction with Advent is provided if receives more advantageous offer.

Office Forescout

In case of execution of the transaction with Advent the Forescout company will stop being public. Its president and the CEO Michael DeCesare will remain at the head. The products Forescout are on sale in the Russian market through partners.

The company attracted Crosspoint Capital investment fund which within the transaction acts as the investor and the consultant to purchase which Advent is going to pay by means of money.^[1]

Forescout is an ideal partner for Advent as they have a crucial business capable to benefit by key technology megatrends — the head of Advent Technology investment group Bryan Taylor comments on purchase. — The company differs from the main competitors in the patented agentless technology that does it ideal for the big and complex organizations against the background of promptly developing cyberrisks.

Officially announced Forescout sale in several months after at first the Bloomberg agency with reference to the informants announced plans of Advent to purchase Symantec, and then the Wall Street Journal newspaper wrote about desire of Advent to purchase consumer division of Symantec for $16 billion. However any of these transactions of Advent did not manage to be concluded because of low suggested price.

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