Search Results for: Check Point

Remote working increases Check Point profits

Israeli cybersecurity giant Check Point reported increased quarterly net profit, beating market expectations. Check Point’s revenue was boosted by increased demand for network security as more people work remotely during the coronavirus outbreak. https://www.nasdaq.com/articles/check-point-profit-tops-estimates-on-rising-demand-for-remote-network-access-2020-07-22

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Check Point buys Lacoon

Israeli cyber security giant Check Point has just acquired another Israeli security company – Lacoon that detects malicious software on mobile devices. Lacoon – whose founders worked in the IDF 8200 security unit – recognizes viruses by their behavior and … Continue reading

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Check Point boss’s university career

(Thanks to Uri) Gil Shwed runs Check Point – Israel’s leading IT security company. He never gained a university degree, although at 16 he was running the computers at the Hebrew University. He is now on the board of trustees … Continue reading

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Pinpointing Covid-19 in the sewers

As reported previously (see here) Covid-19 hotspots can be detected by analyzing virus levels in the sewage. Now Israel’s Kando (reported here previously) is working with scientists at Israel’s Technion and Ben Gurion University to detect outbreaks even before residents … Continue reading

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Tech giants weather the storm

The five top Israeli tech companies all rose in value during 2023. Mobileye (up 35%), Check Point (+18%), Nice Systems (+7%), monday.com (+88%), and CyberArk (+88%) now have a total value of $83.5 billion. https://www.calcalistech.com/ctechnews/article/byiyd700dt

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Exits, takeovers & mergers to 10/9/23

Israel’s Check Point Systems is acquiring Israel’s Atmosec for a few million dollars. Jared Kushner’s Saudi-backed Affinity Partners is investing $150 million for an 18% stake in Israel’s Shlomo Group.

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Exits, takeovers & mergers to 27/8/23

Israel’s Laminar has been acquired by U.S. company Rubrik for an estimated $200-250 million. UK’s Wireless Logic is acquiring Israel’s Webbing for at least $200 million. Israel’s Check Point has acquired Israel’s Perimeter 81 for around $490 million.

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Israeli cybersecurity consolidates

Israeli cybersecurity giant Check Point Software has bought Israel’s Spectral for $60 million. Check Point will use Spectral’s security tools to extend its cloud solution, Check Point CloudGuard. Meanwhile Israeli-founded Forescout is acquiring Israel’s CyberMDX for $80 million. https://www.calcalistech.com/ctech/articles/0,7340,L-3928399,00.html https://www.calcalistech.com/ctech/articles/0,7340,L-3928397,00.html

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The $55 billion Israeli-founded company

Palo Alto Networks (see here previously), founded by Israel’s Nir Zuk, trades at a $55 billion market cap, an all-time high. The cybersecurity giant has just entered the prestigious Nasdaq-100 index, ironically replacing Israel’s Check Point, where Zuk was among … Continue reading

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An Israeli cyber takeover

Israeli-founded cyber security giant Check Point is acquiring Israel’s Avanan, a provider of cloud email security for some $300 million. Avanan’s technology will integrate with Check Point’s threat prevention software capabilities “to deliver the world’s most secure email security offering”. … Continue reading

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