Check Point Software Technologies Ltd.

History

YearDetail
1993 Check Point Software Technologies Ltd was founded in 1993 by Gil Shwed, Marius Nacht, and Shlomo Kramer. The company is a global provider of cybersecurity solutions dedicated to protecting corporate enterprises and governments worldwide.
2004 The company acquired Zone Labs Inc., a specialist in endpoint security, for approximately $114 million in cash and issued approximately 5.3 million Check Point shares.
2009 The company acquired Nokia's security appliance business and FaceTime Communications' application database, adding security controls for over 50,000 Web 2.0 widgets and over 4,500 internet applications to their security gateways.
2015 Check Point acquired Hyperwise, an Israeli threat prevention security company, for up to $80 million to gain CPU-level threat prevention capabilities.
2018 Check Point Software Technologies Ltd. acquired Dome9 in October 2018 for $175 million in cash, stocks, and options. The acquisition was intended to give Check Point a competitive advantage in cloud security.
2021 On September 1, 2021, the company acquired Avanan, a cloud email security company, to integrate its technology with its threat prevention software capabilities.
2023 Check Point acquired Perimeter 81, a pioneering Security Service Edge (SSE) company, for US $490 million to provide fast and secure access for remote users, sites, data centers, and the Internet.
2024 The company announced a collaboration with Microsoft Azure OpenAI Service to enhance Check Point Infinity AI Copilot, marking a significant advancement in cyber security AI applications.