Email this article   Print article 

Check Point Buys IPS Startup, Boosts Pointsec Offer

By Kevin McLaughlin, CRN
December 19, 2006    4:04 PM ET

Check Point Software Technologies on Tuesday said it has signed a deal to acquire NFR Security, a Rockville, Md.-based maker of realtime intrusion prevention technology.

Check Point plans to weave NFR's IPS technolgy into its firewall, VPN and security management products and absorb NFR's Sentivist IPS product line into its own Interspect security gateway offerings.

The NFR acquisition enables Check Point to block attacks in realtime and get detailed insight into attacks after the fact, said Gil Shwed, chairman and CEO of the Israel-based company.

"We've been wanting to add this capability for a long time," Shwed said.

Check Point will pay about $20 million for NFR, which has 22 employees. Shwed also revealed that Check Point has increased its offer for Sweden-based security firm Protect Data, the owner of mobile encryption firm Pointsec, from $586 to $625 million.

Check Point sweetened the offer to ensure that it gets the 90 percent shareholder backing required by Swedish law and also extended the deadline for shareholders to decide until Jan. 8. Both moves are designed to help Check Point move quickly into the data security market, which the vendor has yet to penetrate, Shwed said.


Email this article   Print article 

More Security

Recent Articles

Symantec's Code Red: The Law Enforcement/Anonymous E-Mail Exchange

Law enforcement officials negotiated via e-mail for more than two weeks with an Anonymous group member trying to extort $50,000 from Symantec to keep stolen product code off the Internet.

How To Sell IT Security Services To Your Customers

Cyberattacks can cost a business thousands, even millions, of dollars, and can deal a death blow to some. Here's how IT solution providers can help guard against malicious attacks.

Cybersecurity Experts: What They Know Could Scare You

A recent report based on interviews with security experts in government, business and academia finds more than half in agreement that a worldwide arms race is taking place in cyberspace.

  More Slide Shows




Related Videos
Loading...