Cybersecurity company Check Point Software have acquired Israeli cloud protection firm Dome9 for USD 179 million to boost their position as a provider of cloud security services in the global market. As per the terms of the deal, Dome9 will add rich cloud management policies to Check Point’s Infinity Architecture to expand the latter’s product portfolio.
According to Check Point, the increase in usage of cloud services has put the onus on security providers to protect these environments from cyber attacks. They say that to ensure tight security, cloud environments are expected to extend from endpoints, networks as well as data centers.
By acquiring Dome9, Check Point claim that they will be integrating active cloud management and policy enforcement capabilities to Check Point’s Infinity platform. They added that Check Point will be able to provide security solutions that can counter 5th generation cyber attacks.
Gil Shwed, CEO at Check Point, commented:
Dome9’s platform will add rich cloud management and active policy enforcement capabilities to Check Point’s Infinity Architecture, particularly complementing the CloudGuard security product family and make our broad solution even more differentiated in the rapidly moving Cyber Security environment.
This acquisition will enhance our ability to deliver the benefits of Cloud with the critical security that must extend from the networks, endpoints and data centers to the Cloud and Mobile enterprise-wide.
Dome9 claim that they are really excited to join the Check Point team and this acquisition will allow the latter to compete with the likes of CodeGuard in the global market.
Zohar Alon, co-founder and CEO at Dome9, commented:
Joining the Check Point family will make Dome9’s unique technologies an integral part of the industry’s most comprehensive Gen V cyber security solution, Check Point Infinity. Combining forces allows us to offer the most comprehensive platform to protect customer cloud deployments as they grow and evolve.
It looks like the M&A activities in the cyber security industry are in full momentum, following the acquisition of Imperva for USD 2.1 billion.