Check Point Acquires Data Security Startup Liquid Machines
June 09 2010 - 8:30AM
Marketwired
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the
worldwide leader in securing the Internet, today announced the
acquisition of privately held Liquid Machines, a leader in data
security. Liquid Machines' award-winning products prevent the
misuse, modification, loss or theft of intellectual property and
sensitive information residing in documents. Liquid Machines
specializes in data protection and has 12 issued and pending
patents for document encryption and content security. The
acquisition, completed today, will broaden Check Point's extensive
data security portfolio.
Check Point's data security strategy focuses on securing data
throughout its lifecycle; Check Point Full Disk Encryption prevents
data loss due to lost or stolen devices, Check Point Virtual
Private Networking (VPN) turns any network into a secure and
encrypted communication channel, and Check Point's recently
announced Data Loss Prevention products prevent sensitive data from
being leaked out of the organization. The Liquid Machines
technology will be part of Check Point's future product suite and
will enable secure sharing of documents.
Liquid Machines is a US based company, headquartered in Waltham,
MA, and is a market leader in the field of Enterprise Rights
Management. Liquid Machines was founded in 2001, and its customers
include Fortune 100 companies in the financial services, utility
and industrial sectors.
The companies have obtained the required government and
regulatory approvals and the deal is expected to close
immediately.
"We are pleased to announce the acquisition of Liquid Machines.
It is a great extension to our data security portfolio and will
strengthen Check Point's security vision. We've found Liquid
Machines to provide the best technology for end-to-end data
security and we are looking forward to having it as part of Check
Point's security architecture," concluded Gil Shwed, chairman,
founder and chief executive officer of Check Point Software
Technologies.
About Check Point Software Technologies
Ltd. Check Point Software Technologies Ltd.
(www.checkpoint.com), the worldwide leader in securing the
Internet, is the only vendor to deliver Total Security for
networks, data and endpoints, unified under a single management
framework. Check Point provides customers with uncompromised
protection against all types of threats, reduces security
complexity and lowers total cost of ownership. Check Point first
pioneered the industry with FireWall-1 and its patented stateful
inspection technology. Today, Check Point continues to innovate
with the development of the Software Blade architecture. The
dynamic Software Blade architecture delivers secure, flexible and
simple solutions that can be fully customized to meet the exact
security needs of any organization or environment. Check Point
customers include tens of thousands of businesses and organizations
of all sizes including all Fortune 100 companies. Check Point's
award-winning ZoneAlarm solutions protect millions of consumers
from hackers, spyware and identity theft.
©2010 Check Point Software Technologies Ltd. All rights
reserved.
Media Contact Amber Rensen Check Point Software
Technologies +1.650.628.2070 press@checkpoint.com Investor
Contact Kip E. Meintzer Check Point Software Technologies +1
650.628.2040 ir@checkpoint.com
Check Point Software Tec... (NASDAQ:CHKP)
Historical Stock Chart
From Jul 2024 to Aug 2024
Check Point Software Tec... (NASDAQ:CHKP)
Historical Stock Chart
From Aug 2023 to Aug 2024