Israel Checkpoint
Security outfit Check Point has snapped up acquire Perimeter 81 a Security Service Edge (SSE) company.
The company says that the acquisition enables Check Point will help organisations accelerate the adoption of secure access across remote users, sites, cloud, datacentres, and the internet, all while aiming to deliver the most secure and fastest SSE solution in the market.
Under the terms of the agreement, Check Point will acquire Perimeter 81 for approximately $490 million, on a cash free, debt free basis.
Perimeter 81 was launched in 2018 with a team of over 200 employees, serves more than 3,000 customers worldwide. It combines cloud and on-device protection. Perimeter 81 is offering a unique suite of capabilities, including Zero Trust Access, full mesh connectivity between users, branches and applications.
This allows remote users to benefit from fast, secure internet browsing everywhere they go, while addressing cloud privacy violations. Perimeter 81 also enables a simple and fast one-hour deployment vs. weeks with traditional solutions, emphasizing ease-of-use and streamlined management.
Check Point intends to use Perimeter 81´s capabilities and integrate them into Check Point Infinity’s architecture to deliver a unified security solution across the network, cloud, and remote users, powered by industry leading threat prevention.
Check Point CEO Gil Shwed said that hybrid work and the rise of cloud transformation, the demand for security services that expand beyond the network perimeter is increasing.
“Using Perimeter 81´s capabilities and integrating them into the Check Point Infinity platform we continue with our vision to deliver the best security through comprehensive, collaborative and consolidated solutions.”
