Fortinet invests $30 million to build new cybersecurity tech hub in Alberta

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CALGARY, AB, March 08, 2024 (GLOBE NEWSWIRE) — Fortinet, a U.S.-based global cybersecurity leader driving the convergence of networking and security, announced plans today to invest $30 million and create new jobs in Alberta’s tech sector. With support from Invest Alberta and Calgary Economic Development, and a grant from the Government of Alberta, Fortinet will expand into Calgary’s downtown, creating a cutting-edge cybersecurity tech hub.

The Government of Alberta’s Innovation and Growth Fund (IGF) will contribute over $3 million towards Fortinet’s expansion, that includes a data centre, a training facility for its award-winning cybersecurity training curriculum, and a centre of excellence to enhance resiliency and knowledge in safeguarding critical infrastructure and operational technologies.