Title: Intel and Fortinet Deepen Strategic Partnership to Accelerate Next-Generation Security Processor Development

Intel Corporation (NASDAQ: INTC) and Fortinet (NASDAQ: FTNT) have announced a strategic collaboration to jointly develop Fortinet's next-generation Security Processor 6 (SP6). The expanded partnership builds on the companies' long-standing relationship by combining Fortinet's proprietary security processor technology with Intel's advanced semiconductor design, packaging, and manufacturing expertise. The collaboration is expected to accelerate SP6 development while strengthening the resilience and diversification of Fortinet's global supply chain.

As cybersecurity threats continue to evolve, organizations require security platforms capable of delivering both high performance and continuous innovation at scale. Through this collaboration, Intel will leverage its semiconductor leadership and comprehensive manufacturing capabilities to support the development of Fortinet's latest security processor, enabling faster innovation and a more robust supply chain for critical cybersecurity technologies.

"Modern security infrastructure must continuously evolve to address an increasingly complex threat landscape while maintaining exceptional performance," said Lip-Bu Tan, Chief Executive Officer of Intel. "This partnership demonstrates how Intel's advanced semiconductor technologies, combined with our design, packaging, and manufacturing capabilities, can help cybersecurity leaders like Fortinet accelerate innovation while building a stronger and more diversified global supply chain."

Fortinet Founder, Chairman, and CEO Ken Xie emphasized the importance of the collaboration, noting that the company's proprietary ASIC technology has been a key differentiator for more than two decades, enabling superior security performance and energy efficiency. By expanding its partnership with Intel, Fortinet aims to capitalize on Intel's expertise in advanced semiconductor technologies, manufacturing excellence, and global production capabilities to further strengthen its ASIC strategy while delivering greater value to customers worldwide.

The joint development effort combines Fortinet's leadership in dedicated security processors with Intel's extensive ecosystem IP portfolio, proven expertise in disaggregated semiconductor design, and advanced packaging technologies optimized for artificial intelligence and cost-sensitive applications. Together, the companies plan to develop a highly integrated security processor capable of supporting increasingly sophisticated cybersecurity services while meeting the demanding performance requirements of modern enterprise networks.

Looking ahead, Intel and Fortinet intend to explore additional opportunities to expand their collaboration across semiconductor technology, manufacturing, and the infrastructure required to support future cybersecurity innovations. These efforts are expected to accelerate Fortinet's long-term ASIC roadmap, enhance system performance and feature capabilities, and further improve supply chain resilience for customers around the world.