SOURCE: Check Point Software Technologies Ltd.
June 09, 2010 08:30 ET
Check Point Acquires Data Security Startup Liquid Machines
Liquid Machines Is a Leader in the Field of Data Security and Document Encryption
REDWOOD CITY, CA--(Marketwire - June 9, 2010) - Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced the acquisition of privately held Liquid Machines, a leader in data security. Liquid Machines' award-winning products prevent the misuse, modification, loss or theft of intellectual property and sensitive information residing in documents. Liquid Machines specializes in data protection and has 12 issued and pending patents for document encryption and content security. The acquisition, completed today, will broaden Check Point's extensive data security portfolio.
Check Point's data security strategy focuses on securing data throughout its lifecycle; Check Point Full Disk Encryption prevents data loss due to lost or stolen devices, Check Point Virtual Private Networking (VPN) turns any network into a secure and encrypted communication channel, and Check Point's recently announced Data Loss Prevention products prevent sensitive data from being leaked out of the organization. The Liquid Machines technology will be part of Check Point's future product suite and will enable secure sharing of documents.
Liquid Machines is a US based company, headquartered in Waltham, MA, and is a market leader in the field of Enterprise Rights Management. Liquid Machines was founded in 2001, and its customers include Fortune 100 companies in the financial services, utility and industrial sectors.
The companies have obtained the required government and regulatory approvals and the deal is expected to close immediately.
"We are pleased to announce the acquisition of Liquid Machines. It is a great extension to our data security portfolio and will strengthen Check Point's security vision. We've found Liquid Machines to provide the best technology for end-to-end data security and we are looking forward to having it as part of Check Point's security architecture," concluded Gil Shwed, chairman, founder and chief executive officer of Check Point Software Technologies.
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com), the worldwide leader in securing the Internet, is the only vendor to deliver Total Security for networks, data and endpoints, unified under a single management framework. Check Point provides customers with uncompromised protection against all types of threats, reduces security complexity and lowers total cost of ownership. Check Point first pioneered the industry with FireWall-1 and its patented stateful inspection technology. Today, Check Point continues to innovate with the development of the Software Blade architecture. The dynamic Software Blade architecture delivers secure, flexible and simple solutions that can be fully customized to meet the exact security needs of any organization or environment. Check Point customers include tens of thousands of businesses and organizations of all sizes including all Fortune 100 companies. Check Point's award-winning ZoneAlarm solutions protect millions of consumers from hackers, spyware and identity theft.
©2010 Check Point Software Technologies Ltd. All rights reserved.