Check Point and Sourcefire to Explore Alternative Business Relationship
Check Point and Sourcefire to withdraw CFIUS application for acquisition
Redwood City, CA —Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced that with consent of the U.S. government, Check Point and Sourcefire have agreed to withdraw its existing CFIUS application related to Check Point's acquisition of Sourcefire.
The companies have determined that it would be more effective to create a customer focused business partnership. "We've decided to pursue alternative ways for Check Point and Sourcefire to partner in order to bring to market the most comprehensive security solutions," said Gil Shwed, Check Point's CEO.
Check Point and Sourcefire will continue to create and distribute the best security solutions in their respective spaces. They will work together on formulating a partnership strategy moving forward and will keep customers and partners updated as new plans are developed.
For additional information please visit www.checkpoint.com.
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is a leader in securing the Internet. It is a market leader in the worldwide enterprise firewall, personal firewall and VPN markets. Through its NGX platform, the company delivers a unified security architecture for a broad range of perimeter, internal, Web, and endpoint security solutions that protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company's ZoneAlarm product line is the highest rated personal computer security suite, comprised of award-winning endpoint security solutions that protect millions of PCs from hackers, spyware and data theft. Extending the power of the Check Point solution is its Open Platform for Security (OPSEC), the industry's framework and alliance for integration and interoperability with "best-of-breed" solutions from over 350 leading companies. Check Point solutions are sold, integrated and serviced by a network of more than 2,200 Check Point partners in 88 countries and its customers include 100% of Fortune 100 companies and tens of thousands of businesses and organizations of all sizes.