Check Point
Revenue | US$2.17 billion (2021)[4] |
---|---|
US$908 million (2021)[4] | |
US$816 million (2021)[4] | |
Total assets | US$5.90 billion (2021)[4] |
Total equity | US$3.26 billion (2021)[4] |
Number of employees | 5,805 (December 2021)[4] |
Subsidiaries | ZoneAlarm |
Website | checkpoint |
Check Point Software Technologies Ltd. is an American-Israeli multinational provider of software and combined hardware and software products for
.As of 2021[update], the company has approximately 6,000 employees worldwide.).
History
Check Point was established in
Initial funding of
In 1994 Check Point signed an
By February 1996, the company was named worldwide
In 1998, Check Point established a partnership with Nokia, which bundled Check Point's Software with Nokia's computer Network Security Appliances.[13]
In 2003, a
On 14 August 2003 Check Point opened its branch in India's capital, Delhi (with the legal name Check Point Software Technologies India Pvt. Ltd.). Eyal Desheh was the first director appointed in India.
During the first decade of the 21st century Check Point started acquiring other
In 2019, researchers at Check Point found a security breach in Xiaomi phone apps.[16] The security flaw was reported preinstalled.[17]
Check Point is presently focused on what it calls "fifth generation cyber security," or “Gen V.” It identifies the fifth generation as focused on large-scale and fast-moving attacks across mobile, cloud and on-premise networks that easily bypass the conventional, static detection-based defenses being used by most organizations today.[18][19][20][21][22]
Over the years many employees who worked at Check Point have left to start their own software companies. These include Shlomo Kremer, who started Imperva; Nir Zuk, who founded Palo Alto Networks; Ruvi Kitov and Reuven Harrison of Tufin; Yonadav Leitersdorf, who founded Indeni; and Avi Shua, who founded Orca Security.
On 23 July 2020, Aryaka confirmed an alliance with Check Point Software Technologies to optimize the SD-WAN system operated by Aryaka Cloud-First, and Check Point CloudGuard Link and CloudGuard Edge to provide optimized protection and SD-WAN as-a-Service.[23]
Products
Check Point offers the following primary products:
- Network Security
- Software Defined Protection
- Public and Private Cloud Security
- Zero Trust Remote Access
- Data Security
- IoT Security
- ThreatCloud
- ThreatCloud IntelliStore
- Virtual Systems
- Endpoint Security
- Mobile Security
- Security Management
- Document Security (Capsule Docs product line)[24]
- Zero-day Protection (SandBlast appliance product line)[25]
- Mobile Security (Mobile Threat Prevention product line)[26]
Acquisitions
- MetaInfo, makers of the MetaIP DNS, DHCP, RADIUS, and LDAP management solution,[27] in 1998 for $22 million in shares.[28]
- Protect Data, the holding company for PointSec Mobile Technologies, in a cash deal valued at $586m in late 2006.[30] Prior to their acquisition by Check Point, Protect Data acquired Reflex Software.[31]
- NFR security, an intrusion prevention system developer, for $20 million in late 2006, following its failed plan to acquire the larger IPS vendor Sourcefire.[32]
- Nokia Security Appliances division was acquired in April 2009.[15]
- Liquid Machines, a data security startup company based in Boston, was acquired in June 2010.[33]
- Dynasec, a provider of enterprise governance, risk management, and compliance products, was acquired in November 2011. Dynasec offers a Web-based enterprise application, branded as Easy2comply, for HIPAA compliance, and internal audit management.[34]
- Hyperwise, an early-stage startup focused on CPU level threat prevention, was acquired Feb 2015.[35]
- Lacoon Mobile Security was acquired in April 2015.[36]
- Dome9 was acquired in October 2018.[37]
- ForceNock was acquired in January 2019[38]
- Cymplify was acquired in Dec. 2019 [39]
- Protego Labs was acquired in Dec. 2019[40]
- Odo Security was acquired in Sep. 2020[41]
- Avanan was acquired in August 2021[42]
- Spectral was acquired in February 2022[43]
- Perimeter 81 was acquired in August 2023[44]
In 2005, Check Point tried to acquire intrusion prevention system developers Sourcefire for $225 million,[45] but later withdrew its offer after it became clear US authorities (specifically, the Committee on Foreign Investment in the United States ) would try to block the acquisition.[46]
SofaWare legal battle
SofaWare Technologies was founded in 1999, as a cooperation between Check Point and SofaWare's founders, Adi Ruppin and Etay Bogner, with the purpose of extending Check Point from the enterprise market to the small business, consumer and branch office market. SofaWare's co-founder Adi Ruppin said that his company wanted to make the technology simple to use and affordable, and to lift the burden of security management from end users while adding some features.[47] In 2001 SofaWare began selling firewall appliances under the SofaWare S-Box brand;[48] in 2002 the company started selling the Safe@Office and Safe@Home line of security appliances, under the Check Point brand.[47] By the fourth quarter of 2002 sales of SofaWare's Safe@Office firewall/VPN appliances had increased greatly, and SofaWare held the #1 revenue position in the worldwide firewall/VPN sub-$490 appliance market, with a 38% revenue market share.[49]
Relations between Check Point and the SofaWare founders went sour after the company acquisition in 2002. In 2004 Etay Bogner, co-founder of SofaWare, sought court approval to file a
In 2009 the
In 2011 Check Point settled all litigation relating to SofaWare. As part of the settlement it acquired the SofaWare shares held by Bogner and Ruppin, and began a process of acquiring the remaining shares, resulting in SofaWare becoming a wholly owned subsidiary.[52]
See also
References
- ^ "בניין צ'ק פוינט מתהדר בקירות ירוקים: חברת האבטחה מציגה מהפך סביבתי".
- ^ "שיחים במקום זכוכית: בעקבות הקמת הקיר הירוק הגדול בישראל". הארץ.
- ^ Check Point (7 May 2019). "Contact Us". Retrieved 7 May 2019.
- ^ a b c d e f "Check Point Software 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 14 April 2022.
- ^ Check Point Facts at a Glance https://www.checkpoint.com/about-us/facts-a-glance/
- ^ "Bloomberg Profile: Checkpoint Software Technologies Ltd.", Bloomberg
- ^ a b Mayor, Tracy (October 1, 2002), "CIO 20/20 Honorees—Innovator's Profile: Gil Schwed of Check Point Software Technologies Ltd", CIO Magazine, archived from the original on February 25, 2012, retrieved November 9, 2009
- ^ Savage, Marcia. Gil Shwed, Chairman & CEO, Check Point Software Tech Archived 2012-09-14 at the Wayback Machine. CRN, Nov. 07, 2001.
- ^ Gil Shwed, CIO, Oct 1, 2002
- ^ "Exclusive interview with the founder of a $1.9 billion dollar cyber security company".
- ^ Company Press Release (September 25, 1995), "CheckPoint Software and HP sign distribution agreement; market-leading FireWall-1 solution now available through HP and its reseller channel.", Business Wire
- ^ Press Release (February 5, 1996), "CheckPoint Software Named Firewall Market Share Leader by IDC; Worldwide Market Share of 40 Percent Represents Significant Lead in Providing Enterprise Network Security Solutions.", Business Wire, archived from the original on October 11, 2012
- ^ S2CID 52064701
- ^ "Notice of Filing of Class Action Lawsuit Against Check Point Software Technologies Ltd., Gil Shwed, Jerry Ungerman, Eyal Desheh, Irwin Federman and Alex Vieux – CHKP" (Press release). October 13, 2003. Retrieved Jul 25, 2013.
- ^ a b "Check Point Completes Acquisition of Nokia Security Appliance Business". 2009-04-13. Archived from the original on 2009-04-16. Retrieved 2009-04-13.
- ^ "Check Point researchers find security breach in Xiaomi phone app". The Times of Israel.
- ^ "Xiaomi phones came with security flaw preinstalled".
- ^ "Check Point Software Technologies announces new Smart-1 appliances to power 'Gen V' security management | telecomkh". www.telecomkh.com. January 26, 2018. Archived from the original on 27 July 2020. Retrieved 9 May 2018.
- ^ Shacklett, Mary (April 3, 2018). "10 ways to develop cybersecurity policies and best practices". ZDnet.
- ^ SOLOMON, SHOSHANNA (30 January 2018). "'Winter' of cyber-threats is coming, experts warn". The Times of Israel. Retrieved 9 May 2018.
- ^ Riley, Duncan (12 April 2018). "Nearly all organizations are unprepared for next-gen cybersecurity threats". Silicon Angle. Retrieved 9 May 2018.
- ^ Marshall, David. "Check Point Defines Five Generations of CyberAttacks, Mobile vs. Cloud Attacks, and Detection and Prevention". Virtualization Technology News and Information. No. Friday, March 30, 2018. Retrieved 9 May 2018.
- ^ "Aryaka announces global managed security partnership with Check Point Software Technologies". LightReading. 23 July 2020. Retrieved 27 July 2020.
- ^ Check Point. "Capsule Docs". Check Point. Retrieved 18 November 2016.
- ^ "SandBlast Zero-Day Protection". Check Point .com. Archived from the original on 2017-03-24. Retrieved 2017-04-23.
- ^ "Mobile Threat Prevention". Check Point. April 2, 2015. Retrieved 2017-04-23.
- ^ "IP Services on NT Made Easy". 1999-04-21. Retrieved 2024-02-13.
- ^ "CHECK POINT MAKES FIRST ACQUISITION; METAINFO FOR $22M". 1998-04-18. Retrieved 2024-02-13.
- ^ "Check Point Software Technologies to Acquire Zone Labs". 2003-12-15. Archived from the original on 2008-05-15. Retrieved 2008-10-12.
- ^ "Check Point Announces a Cash Tender Offer to Acquire Protect Data". 2006-11-20. Archived from the original on 2008-12-28. Retrieved 2008-10-12.
- ^ "Protect Data acquires Reflex Software Limited to extend product portfolio". 2006-11-02. Archived from the original on 2008-12-03. Retrieved 2008-10-12.
- ^ "Check Point to Acquire NFR Security; Expands Intrusion Prevention Capabilities to Fortify Enterprise Networks". 2006-12-19. Archived from the original on 2008-05-16. Retrieved 2008-10-12.
- ^ Check Point Acquires Data Security Startup Liquid Machines
- ^ "Check Point acquires Israel's Dynasec to boost GRC offerings". Infosecurity. 1 November 2011.
- ^ Check Point Acquires Hyperwise to Deliver Industry's First CPU Level Threat Prevention Capabilities
- ^ Check Point to Acquire Lacoon Mobile Security for Industry's Most Advanced Mobile Threat Prevention
- ^ Habib-Valdhorn, Shiri (October 24, 2018). "Check Point beats analysts, buys cloud security co". Globes. Retrieved October 24, 2018.
- ^ "Check Point Software Acquires ForceNock, a Web Application and API Protection startup". Archived from the original on 2019-08-06.
- ^ "Check Point Software Technologies revolutionizes IoT Cyber Security".
- ^ "The World's Leading Provider of Gen V Cyber Security Solutions".
- ^ "Check Point Software Technologies Redefines Secure Remote Access for Enterprises".
- ^ "Check Point Software Technologies Acquires Avanan, the fastest growing cloud email and collaboration security company, to redefine security for cloud email". Archived from the original on 2021-08-30.
- ^ "Check Point Software Technologies Extends its Cloud Security Offering with Developer-First Security Platform". Check Point Software. Retrieved 2022-08-08.
- ^ "Check Point acquires Perimeter 81 – Channel EYE". channeleye.co.uk. Retrieved 2023-08-11.
- ^ "Check Point and Sourcefire to Explore Alternative Business Relationship". 2006-03-23. Archived from the original on 2008-10-02. Retrieved 2008-10-12.
- ^ "Check Point calls off Sourcefire buy". 2006-03-24. Retrieved 2008-10-13.
- ^ a b Interview with Adi Ruppin, Founder and Managing Director of SofaWare, by Berislav Kucan — Tuesday, 21 January 2003. [1]
- ^ Check Point bolsters new firewall appliance. Network World Dec 17, 2001. p. 15, 18
- ^ Check Point Software Stakes Claim in Small Business Internet Security Space Company Duplicates Market-leading Enterprise Success in Sub-$490 Appliance Segment "Check Point Software:Check Point Software Stakes Claim in Small Business Internet Security Space". Archived from the original on 2013-01-16. Retrieved 2016-07-27.
- ^ a b Arbel, Oded (April 25, 2006). "Sofaware founder cleared to sue Check Point for $5.1 million". Ha'aretz. Retrieved 14 June 2010.
- ^ Israeli Supreme Court, עא 2850/08 CHECK POINT SOFTWARE TECHNOLOGIES LTD נ' איתי בוגנר (עליון, א' רובינשטיין, ח' מלצר, נ' הנדל)
- ^ Check Point 20-F SEC filing. 2011
External links
- Corporate website
- Check Point Research
- Business data for Check Point: