Search Results for: "Check Point"

Massive new Tel Aviv HQ for Check Point

Israeli cybersecurity giant Check Point is building a 100,000 square meters Tel Aviv campus with 6,000 workstations. It is also hiring 500 employees to power its new AI research hub. It signals Check Point’s growth ambitions and commitment to Israel’s … Continue reading

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Check Point surges

Israeli cybersecurity Check Point’s revenue last quarter was $635 million, with operating profits over $200 million. The company is now valued at a massive $22 billion, up 36% since January. https://www.calcalistech.com/ctechnews/article/vjr2dg3rr

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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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Exits, takeovers, and mergers to 1st Jun 25

US Tenable has acquired Israel’s Apex Security for $105+ million; Israel’s Wix has acquired Israeli text-to-video startup  Hour One. Israel’s Check Point has acquired Israeli cybersecurity startup Veriti, in a deal estimated to be worth over $100 million.

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Partnering for security

Israeli companies Check Point and Wiz have signed a strategic partnership agreement to offer the industry’s most comprehensive cloud security solutions. It combines Wiz’s cloud security expertise with Check Point’s extensive customer base and a strong reputation. https://www.timesofisrael.com/israels-check-point-and-wiz-partner-to-merge-cyber-tech/ https://www.calcalistech.com/ctechnews/article/hyxs3aotyg

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$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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