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Check Point

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Check Point Software Technologies Ltd. NASDAQ: [CHKP] is a software company that is best known for its firewall and VPN products. The company was founded in 1993 in Ramat-Gan, Israel, and has approximately 1400 employees. Check Point development center is located in Israel. They also have offices in Redwood City, California and in the Dallas, Texas area.

Check Point acquired SofaWare Technologies in 1999 and Zone Labs in 2004. In October, 2005, Check Point announced it would acquire Sourcefire, the developers of Snort for $225 million. Both the Department of Defense and the FBI objected to the acquisition due to national security concerns. The acquisition was pending during an investigation by the Committee on Foreign Investment in the United States (CFIUS), but was announced to have collapsed over security concerns related to the "Snort" software which guards some classified U.S. military and intelligence computers. [link] The acquisition has been since withdrawn [link].

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