Seeking Alpha

Check Point Software Technologies Ltd. (CHKP)

  • Sat, Apr. 4, 3:12 PM
    • Lacoon Mobile Security provides threat detection, risk mitigation, and vulnenrability assessment software and services for an enterprise's iOS/Android devices. The startup has an R&D team in Tel Aviv, and a sales team in San Francisco.
    • Check Point (NASDAQ:CHKP) has bought Lacoon for an undisclosed sum, while asserting the company provides "the most comprehensive [mobile security] solution for iOS and Android," and "the best advanced threat catch-rate for enterprise-grade mobile security platforms." Among other things, Laccon's technology is declared to "[detect] device, application and in-network threats that others may have missed and [quantify] the risks and vulnerabilities that BYOD exposes to the enterprise."
    • Check Point plans to integrate Lacoon's offerings with its Capsule mobile security platform. President Amnon Bar-Lev: "I think the combination of Lacoon together with us scanning all of your networks, it's a very robust and complete security solution."
    • The purchase follows Check Point's February acquisition of threat prevention tech developer Hyperwise for a reported $80M. Earlier this week, Check Point rival/next-gen firewall leader Palo Alto Networks announced plans to offer a mobile security solution that combines Palo Alto's firewalls and security services with VMware's AirWatch enterprise mobility management (EMM) platform.
    | Sat, Apr. 4, 3:12 PM | Comment!
  • Wed, Feb. 18, 1:13 PM
    • Check Point (CHKP +0.5%) has acquired Hyperwise, a stealth-mode Israeli startup declared to have "developed a unique and cutting-edge CPU-level threat prevention engine that eliminates threats at the point of pre-infection." Calcalist reports the purchase price is $80M.
    • Check Point asserts Hyperwise's software "provides a higher catch rate of threats and provides organizations an unmatched level of protection against attackers," in part by blocking malware before it become active on a network, and that its CPU-level blocking can stop previously undetected attacks. It will be added to Check Point's Threat Emulation solution, which runs suspect code in a virtual sandbox to determine if it's a malicious.
    • FireEye (NASDAQ:FEYE), whose virtual sandbox solution has often been praised, is arguably the leader in the threat-prevention space. Next-gen firewall vendor Check Point rival Palo Alto Networks (NYSE:PANW) is also going after the market, aided by technology obtained from startup Cyvera. Corporate interest has been growing rapidly following a string of well-publicized hacks.
    | Wed, Feb. 18, 1:13 PM | Comment!
  • Sep. 17, 2013, 2:06 PM
    • Looking to challenge Cisco (CSCO +0.3%), Check Point (CHKP +0.9%), and market leader Palo Alto Networks (PANW +1.1%) in the growing next-gen firewall (NGFW) hardware market, H-P (HPQ -0.4%) has launched its TippingPoint NGFW line. (PR)
    • Five models are being offered, the most powerful of which offers 10Gbps of throughput. Palo Alto's high-end PA-5060 firewall offers 20Gbps of throughput. Though H-P plans to continue selling TippingPoint intrusion prevention (IPS) appliances, the functionality of its new hardware leads Gartner's Greg Young to view the latter as a replacement for the former.
    • Young estimates NGFWs have grown to make up 15% of the $8B firewall market.
    • H-P is also launching Threat Central, a cloud-based service that analyzes potential threats detected by the company's ArcSight security software.
    • Consider the moves an escalation of H-P's rivalry with Cisco. Cisco is set to acquire IPS leader Sourcefire, which has also rolled out hardware that combines NGFW and IPS features, and recently formed a managed security services unit.
    • Meanwhile, F5 (FFIV +0.8%) has acquired Versafe, a developer of online fraud protection software and a cloud-based monitoring service, for an undisclosed sum. F5 declares Versafe's products will complement its firewall and access/policy management hardware, as well as its mobile app management software.
    • Versafe can already be integrated with F5's mainstay application delivery controllers. In a blog post discussing the deal, F5 argues the ongoing rise of remote/mobile file access increases Versafe's value.
    • H-P and F5's moves comes amid growing corporate interest in cybersecurity, following well-publicized hacking events.
    | Sep. 17, 2013, 2:06 PM | Comment!
Company Description
Check Point Software Technologies Ltd develops, and markets software and combined hardware and software products and services for information technology security.