Check point

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Check point

logo
legal form Limited
ISIN IL0010824113
founding 1993
Seat Tel Aviv IsraelIsraelIsrael 
management Gil Shwed, Founder, CEO
Number of employees 5,258 (2019)
sales $ 1.995 billion (2019)
Branch Software company
Website www.checkpoint.com
As of April 2, 2020

Check Point Software Technologies Ltd. is known as a software company for its firewall and VPN products. The company was founded in 1993 in Ramat Gan , Israel , by Gil Shwed, Marius Nacht and Shlomo Kramer and in 2019 employed 5,258 people. The international headquarters and development are located in Tel Aviv .

According to the company, all Fortune 100 and Global 100 companies use security solutions from the company, so that it has its own American headquarters located in San Carlos, California .

IPO and major shareholders

The company has been listed on the US stock exchange NASDAQ since July 5, 1996 . Gil Shwed (Chief Executive Officer) with 17.3% and Marius Nacht (Chairman of the Board) with 12.1% of the shares are (as of the end of 2015) the only shareholders with a stake of more than 5%.

In 2003, a class action lawsuit was filed against Check Point for violating the Securities Exchange Act because the company withheld important information about its economic situation from its shareholders. 2006, that action was by a comparison settled; the amount of $ 13 million to be paid by Check Point was covered by insurance.

history

Check Point secured a 60% stake in SofaWare Technologies in 2000 through the purchase of convertible bonds and in 2004 bought Zone Labs for approximately $ 205 million.

In October 2005, Check Point tried to take over Sourcefire and its Intrusion Prevention System (IPS) called Snort . The purchase price was quoted at around $ 225 million. The purchase failed in early 2006 due to resistance from the US government . At the end of 2006, the market leader finally managed to expand its portfolio to include an IPS component by acquiring the US manufacturer NFR for $ 20 million. In January 2007, the Swedish company Pointsec followed (through the takeover of its Swedish 100% owner Protect Data AB for around 586 million dollars), which produces software for hard drive encryption and the control of external devices (e.g. USB stick , iPod, etc.) .) developed.

In December 2008, Check Point acquired Nokia's security technology division for $ 54.037 million; Check Point expanded its previous portfolio with additional hardware solutions and can draw on the expertise of its long-term partner Nokia. In November 2009, Check Point acquired a classifications and signature database for software applications from FaceTime Communications, Inc for an undisclosed amount to integrate their information into its Unified Security Gateway. In June 2010, Check Point bought the privately held US data security provider Liquid Machines , a market leader in corporate digital rights management, for approximately $ 14 million. In November 2011, Check Point expanded its 3D security concept, which was presented in spring 2011, by acquiring the Israeli GRC provider Dynasec for around 15 million dollars.

After a long break, Check Point continued its expansion in 2015 with the acquisition of the two Israeli companies Hyperwise Ltd. (Developer of a threat prevention machine at CPU level) and Lacoon Mobile Security Ltd. ( cloud- based analysis platform for the detection of security threats on Android and iOS devices, purchase price around 80 million dollars).

SofaWare litigation

SofaWare Technologies was established in 1999 as a cooperation between Check Point and the two SofaWare founders Adi Ruppin and Etay Bogner with the intention of expanding Check Point's previous target group (large companies) to include smaller companies and private customers. SofaWare's co-founder, Adi Ruppin, announced that his company wanted to make the technology affordable and easy to use, thereby relieving end users of the burden of digging deeper into system security. In 2001, SofaWare began selling firewall appliances from the SofaWare S-Box brand , followed by the Safe @ Office and Safe @ Home security appliances under the Check Point brand in 2002. By the end of 2002, sales of SofaWare's Safe @ Office Firewall / VPN Appliances had risen significantly and SofaWare had risen to become the world market leader for firewalls / VPNs in the price segment up to 490 dollars with a market share of 38%.

After the investment in the company was completed, the relationship between Check Point and the SofaWare founders deteriorated. Etay Bogner, co-founder of SofaWare, filed for a shareholder derivative suit in court in 2004 based on allegations that Check Point was not paying SofaWare adequate compensation for its use of SofaWare products and technologies. He won that lawsuit in the last instance and Check Point was sentenced to pay SofaWare 13 million shekels for breach of contract . In 2006, the Tel Aviv District Judge ruled that Bogner could sue Check Point by proxy for $ 5.1 million in alleged damage, payable to SofaWare. Bogner alleged that Check Point, as the 60% owner of SofaWare, was "acting aggressively" and withholding funds due to SofaWare for the use of its technologies and products. Check Point appealed this decision, but failed again.

In 2009, the Israeli Supreme Court ruled that the SofaWare founders group (including Bogner) had a veto right over any decision made by SofaWare; however, this right can only be exercised jointly, possibly through a majority decision of its three members.

In 2011, Check Point reached an agreement with SofaWare to end all related disputes by acquiring the shares held by Bogner and Ruppin and beginning to purchase the outstanding shares, making SofaWare a wholly owned subsidiary of Check Point.

Main products

program description
VPN-1 VPN software that runs on Windows , Solaris , Red Hat Enterprise Linux, with the company's own Linux-based operating system SecurePlatform and with the company's own Gaia (integration between SecurePlatform and Nokia IPSO ) and as a security appliance , e.g. B. from Nokia can be operated.
UTM-1 VPN appliance with SecurePlatform as the operating system
UTM-1 Edge Unified Threat Management Appliance
Provider-1 Central administration of several SmartCenter servers
SecureClient / SecuRemote Desktop VPN solution with or without an integrated firewall
Total security various endpoint security products
Connectra SSL-VPN Gateway (security holes: 2007, 2011)
Integrity Desktop security software
Safe @ Office Internet security appliance
ZoneAlarm Desktop firewall
InterSpect Internal Network Security Appliance
Eventia Analyzer Real-time analysis of the log files for possible attacks
Eventia reporter Historical evaluation of the log files
Full disk encryption Hard disk encryption for laptops and desktop PCs (Windows, Mac OS X , Linux) with pre-boot authentication (formerly Pointsec )

The FireWall-1 / Virtual Private Network | VPN-1-Suite has the following features in addition to the first-time implementation of a stateful packet inspection implementation:

In 2013 version R77 of the central product "Security Gateway" was presented. It is a product maintenance version R76. The innovations include:

  • ThreatCloud Emulation Service (prevents infections from undetected zero-day exploits )
  • HyperSpect (performance increase by 50 percent)
  • Compliance software blade
  • Central device management (improved)

Certification

The company offers the following certifications:

abbreviation meaning
CCSPA Check Point Certified Security Principles Associate
CCSA Check Point Certified Security Administrator
CCSE Check Point Certified Security Expert (formerly Engineer)
CCSE Plus Check Point Certified Security Expert Plus (no longer offered)
CCSI Check Point Certified Security Instructor (replaced by CompTIA CTT +)
CCMSE Check Point Certified Managed Security Expert
CCMSE Plus VSX Check Point Certified Managed Security Expert Plus VSX
CPCS Integrity Check Point Certified Specialist Integrity
CPCS Interspect Check Point Certified Specialist - InterSpect
CPCS Connectra Check Point Certified Specialist - Connectra
CPCS IPS-1 Check Point Certified Specialist IPS-1
CPCS Pointsec Check Point Certified Specialist Pointsec
CCEPA Check Point Certified Endpoint Administrator
CCEPE Check Point Certified Endpoint Expert
CCMA Check Point Certified Master Architect (no longer offered - replaced by CCSM)
CCSM Check Point Certified Security Master

Web links

Individual evidence

  1. ↑ checkpoint.com: Facts at a Glance
  2. ↑ a b Annual Report 2019. Check Point Software Technologies Ltd., April 2, 2020, accessed on June 5, 2020 (English).
  3. ↑ Friederike Ott: Protection against computer viruses: The firewall guards the computer. In: Spree-Aviv. Axel Springer Academy , accessed on September 9, 2016 .
  4. ↑ Facts at a Glance. In: company website. Check Point Software Technologies Ltd., 2016, accessed September 9, 2016 .
  5. ↑ Check Point continues to grow - targeting sales of one billion dollars. In: it-times.de. internet @ venture Gesellschaft für Neue Medien mbH, December 3, 2010, accessed on September 9, 2016 .
  6. ↑ checkpoint.com: Contact us
  7. ^ Check Point Software Technologies. In: CrunchBase.com. TechCrunch , accessed September 9, 2016 .
  8. ↑ MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS. In: Form 20-F. Check Point Software Technologies Ltd., April 28, 2016, accessed September 9, 2016 .
  9. ↑ Holzer Holzer & Fistel, LLC: Notice of Filing of Class Action Lawsuit Against Check Point Software Technologies Ltd., Gil Shwed, Jerry Ungerman, Eyal Desheh, Irwin Federman and Alex Vieux - CHKP. In: globenewswire.com. GlobeNewswire, Inc, October 13, 2003, accessed September 10, 2016 .
  10. ↑ Check Point Reaches Proposed Settlement in Class Action. In: Business Wire . December 21, 2006, accessed September 10, 2016 .
  11. ↑ Gitit Pincas, Amir Helmer: SofaWare: Gil Shwed's Thuggish Behavior Must Be Stopped, Law Enforced. In: Haaretz . Haaretz Group , June 11, 2003, accessed on September 9, 2016 .
  12. ↑ Martina Annuscheit: Check Point will pay $ 205 million to acquire Zone Labs. In: IT SecCity.de. Martina Annuscheit, December 19, 2003, accessed September 6, 2016 .
  13. ↑ kf: Check Point gets Sourcefire. In: Computerwoche . International Data Group , October 7, 2005, accessed September 9, 2016 .
  14. ^ Ellen McCarthy: Purchase by Israeli Firm Called Off. In: The Washington Post . March 24, 2006, accessed September 9, 2016 .
  15. ↑ Hartmut Wiehr: The roadmap of the firewall market leader Check Point. In: CIO.de. International Data Group , May 13, 2013, accessed September 9, 2016 .
  16. ↑ Andreas Wilkens: Check Point buys US company NFR Security. In: heise online . Verlag Heinz Heise , December 20, 2006, accessed on September 9, 2016 .
  17. ^ Network Security Leader to Secure Business Information as Part of New Data Security Strategy. In: Business Wire . November 19, 2006, accessed September 9, 2016 .
  18. ↑ Check Point expands its portfolio to include data security. In: pressebox.de. UNITED NEWS NETWORK GmbH, August 21, 2007, accessed on September 9, 2016 .
  19. ^ Check Point Software Technologies Ltd .: FORM 20-F. In: EDGAR. United States Securities and Exchange Commission, March 29, 2010, accessed September 9, 2016 .
  20. ↑ Volker Briegleb: Check Point takes over Nokia's security technology. In: Heise Security . Heise online , December 23, 2008, accessed on September 9, 2016 .
  21. ^ Brian Prince: Check Point Acquires FaceTime Database for Application Controls. In: eweek.com. Quinstreet Enterprise, November 23, 2009, accessed September 9, 2016 .
  22. ↑ Florian Kalenda: Check Point takes over Liquid Machines. In: ZDNet.de . NetMediaEurope Deutschland GmbH, June 14, 2010, accessed on September 9, 2016 .
  23. ↑ Introducing Check Point 3D Security. (No longer available online.) In: Company website. Check Point Software Technologies Ltd., 2016, archived from the original on September 15, 2016 ; accessed on September 9, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.checkpoint.com
  24. ↑ Christiane Jacobs: Check Point takes over Dynasec: Expansion of the 3D security strategy. In: it-zoom.de. MEDIENHAUS Verlag GmbH, November 14, 2011, accessed on September 9, 2016 .
  25. ↑ Ann-Christin Haselbach: Check Point acquires Hyperwise. In: Mittelstand Nachrichten. ARKM Online Verlag, February 19, 2015, accessed September 9, 2016 .
  26. ^ Daniel Dubsky: Acquisition in the area of ​​mobile security: Check Point takes over Lacoon. In: CRN.de. WEKA Holding , April 7, 2015, accessed on September 9, 2016 .
  27. ↑ a b Berislav Kucan: Interview with Adi Ruppin, Founder and Managing Director of SofaWare. In: helpnetsecurity.com. January 21, 2003, accessed September 10, 2016 .
  28. ^ Tim Greene: Check Point bolsters new firewall appliance. In: IT World Canada. December 16, 2001, accessed September 10, 2016 .
  29. ^ Check Point Software Stakes Claim in Small Business Internet Security Space; Company Duplicates Market-Leading Enterprise Success in Sub- $ 490 Appliance Segment. In: Business Wire . Berkshire Hathaway , December 3, 2003, accessed September 10, 2016 .
  30. ↑ a b Oded Arbel: Sofaware founder cleared to sue Check Point for $ 5.1 million . In: Ha'aretz , April 25, 2006. Retrieved June 14, 2010. 
  31. ↑ Israeli Supreme Court, עא 2850/08 CHECK POINT SOFTWARE TECHNOLOGIES LTD נ 'איתי בוגנר (עליון, א' רובינשטיין, ח 'מלצר, נ' הנדל)
  32. ↑ Hila Raz: Check Point Suing SofaWare Founders for NIS 16 Million. In: Haaretz . Haaretz Group , December 4, 2009, accessed on September 10, 2016 .
  33. ↑ Nurit Roth: Etay Bogner Bests Check Point in Court Once Again. In: Haaretz . Haaretz Group , November 26, 2009, accessed on September 10, 2016 (English).
  34. ^ Check Point Software Technologies Ltd .: ITEM 8. FINANCIAL INFORMATION / Legal Proceedings. In: Form 20-F in EDGAR. United States Securities and Exchange Commission , April 9, 2012, accessed September 10, 2016 .
  35. ↑ Check Point announces GAiA (TM), a uniform security operating system and the new software blade version R75.40. In: pressebox.de. UNITED NEWS NETWORK GmbH, April 17, 2012, accessed on September 10, 2016 .
  36. ↑ Katharina Friedmann: Easy-care all-round protection for branch networks. In: Computerwoche . International Data Group , November 26, 2008, accessed September 10, 2016 .
  37. ↑ Check Point Software Technologies GmbH: New Check Point SSL VPN Gateway simplifies remote access to company networks. In: www.pressebox.de. UNITED NEWS NETWORK GmbH, October 16, 2008, accessed on September 10, 2016 .
  38. ↑ Dirk Martin Knop: Security check of the Check Point Connectra can be bypassed. In: Heise online . Verlag Heinz Heise , January 22, 2007, accessed on September 10, 2016 .
  39. ↑ Check Point Connectra Ngx R66.1n ActiveX Control buffer overflow. In: vuldb.com. scip Holding, March 23, 2015, accessed September 10, 2016 .
  40. ↑ With Eventia Analyzer, Check Point relies on simplified security event management. In: pressebox.de. UNITED NEWS NETWORK GmbH, February 14, 2005, accessed on September 10, 2016 .
  41. ^ Check Point Software Technologies Ltd .: Check Point Full Disk Encryption. (No longer available online.) In: http://de.security.westcon.com/ . WestconGroup, Inc., 2015, archived from the original on September 15, 2016 ; accessed on September 10, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / de.security.westcon.com
  42. ↑ News R77. (No longer available online.) In: Company website. SCN GmbH, archived from the original on September 15, 2016 ; accessed on September 10, 2016 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.scngmbh.de
  43. ↑ Source: Archive link ( Memento of the original dated May 13, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.checkpoint.com