Check Point Acquires Dome9 for $175 Million
25.10.2018 securityweek IT
Enterprise cybersecurity solutions provider Check Point Software Technologies on Wednesday announced the acquisition of Dome9, a company that specializes in cloud security infrastructure.
Check Point representatives told SecurityWeek that Dome9 was acquired for $175 million in cash, along with restricted stock units (RSUs) and stock options.
By acquiring Dome9, Check Point hopes to enhance its Infinity architecture and cloud security offering by adding advanced active policy enforcement and multi-cloud protection capabilities.
Founded in 2011, Israel-based Dome9 provides security and compliance solutions for multi-cloud deployments across Microsoft Azure, AWS, and Google Cloud. The company’s platform includes capabilities such as security posture visualization, identity protection, compliance and governance automation, and cloud traffic and event analysis.
The company says its customers include many Fortune 1000 enterprises, global system integrators, and managed service providers.
“Dome9 and Check Point’s CloudGuard together provide the best cloud security solution in the industry. 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,” said Gil Shwed, CEO of Check Point.
“As 5th generation cyber attacks increasingly target enterprise cloud environments, so our Gen V cyber security solution must effectively protect this vector. 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,” Shwed added.