Search Results for: "Check Point"

$1 billion of profit

Israeli Cybersecurity company Check Point closed 2024 with $2.56 billion in revenue, a 6% growth compared to 2023. For the first time, Check Point’s annual profit surpassed the billion-dollar mark. https://www.calcalistech.com/ctechnews/article/s1o001jkd1x

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Exits, takeovers & mergers – to 1/9/24

Israel’s Check Point has acquired Israel’s Cyberint Technologies for $200 million; Computer giant Cisco is to acquire Israel’s Robust Intelligence.

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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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Wix is worth $20 billion

Website construction tools company Wix.com has become Israel’s most valuable company. Its market value of nearly $20 million tops that of Check Point, Solar Edge, Novocure, Nice Systems and Teva. Wix earned almost $1 billion in revenue in 2020 and, … Continue reading

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81 Haredi women complete tech training

81 religious Jewish women completed the first two-year Adva program that trains women for tech development jobs. The virtual graduation event was attended by Israeli tech executives, who recruited the graduates for Apple, Facebook, Check Point, XM Cyber and others. … Continue reading

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