Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Check Point and Sourcefire to Explore Alternative Business Relationship; Check Point and Sourcefire to Withdraw CFIUS Application for Acquisition.


REDWOOD CITY, Calif. -- Check Point(R) Software Technologies Ltd. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CHKP CHKP Check Point Software Technologies Ltd. (stock abbreviation, AMEX) ), the worldwide leader in securing the Internet, today announced that with consent of the U.S. government, Check Point and Sourcefire have agreed to withdraw its existing CFIUS CFIUS Committee on Foreign Investment in the United States  application related to Check Point's acquisition of Sourcefire.

The companies have determined that it would be more effective to create a customer focused business partnership. "We've decided to pursue alternative ways for Check Point and Sourcefire to partner in order to bring to market the most comprehensive security solutions," said Gil Shwed, Check Point's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. .

Check Point and Sourcefire will continue to create and distribute the best security solutions in their respective spaces. They will work together on formulating a partnership strategy moving forward and will keep customers and partners updated as new plans are developed.

For additional information please visit www.checkpoint.com.

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leader in securing the Internet. It is a market leader in the worldwide enterprise firewall, personal firewall and VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks.  markets. Through its NGX NGX Natural Gas Exchange Inc. (Canada)
NGX Next Generation X
 platform, the company delivers a unified security architecture for a broad range of perimeter, internal, Web, and endpoint security solutions that protect business communications and resources for corporate networks and applications, remote employees, branch offices and partner extranets. The company's ZoneAlarm product line is the highest rated personal computer security suite, comprised of award-winning endpoint security solutions that protect millions of PCs from hackers, spyware and data theft. Extending the power of the Check Point solution is its Open Platform for Security (OPSEC (OPerations SECurity) The U.S. military term for concealing critical information as part of a counterintelligence plan. A form of "security by obscurity," OPSEC determines what information adversaries can obtain or piece together from observation and to provide measures for ), the industry's framework and alliance for integration and interoperability with "best-of-breed" solutions from over 350 leading companies. Check Point solutions are sold, integrated and serviced by a network of more than 2,200 Check Point partners in 88 countries and its customers include 100% of Fortune 100 companies and tens of thousands of businesses and organizations of all sizes.

(C)2003-2006 Check Point Software Technologies Ltd. All rights reserved.

Check Point, Application Intelligence, Check Point Express, the Check Point logo, AlertAdvisor, ClusterXL, Cooperative Enforcement, ConnectControl, Connectra, CoSa, Cooperative Security Alliance, Eventia, Eventia Analyzer, Eventia Reporter, FireWall-1, FireWall-1 GX, FireWall-1 SecureServer, FloodGate-1, Hacker ID, IMsecure, INSPECT, INSPECT XL, Integrity, InterSpect, IQ Engine, NGX, Open Security Extension, OPSEC, Policy Lifecycle Management, Provider-1, Safe@Home, Safe@Office, SecureClient, SecureKnowledge, SecurePlatform, SecuRemote, SecureXL Turbocard, SecureServer, SecureUpdate, SecureXL, SiteManager-1, SmartCenter, SmartCenter Pro, Smarter Security, SmartDashboard, SmartDefense, SmartLSM, SmartMap, SmartUpdate, SmartView, SmartView Monitor, SmartView Reporter, SmartView Status, SmartViewTracker, SofaWare, SSL (Secure Sockets Layer) The leading security protocol on the Internet. Developed by Netscape, SSL is widely used to do two things: to validate the identity of a Web site and to create an encrypted connection for sending credit card and other personal data.  Network Extender, Stateful Clustering, TrueVector, Turbocard, UAM UAM Universidad Autónoma de Madrid (Spain)
UAM Universidad Autonoma Metropolitana (México)
UAM Uniwersytet im.
, User-to-Address Mapping, UserAuthority, VPN-1, VPN-1 Accelerator Card, VPN-1 Edge, VPN-1 Pro, VPN-1 SecureClient, VPN-1 SecuRemote, VPN-1 SecureServer, VPN-1 VSX (Verification Suite for X/Open) A testing procedure from X/Open that verifies compliance with their endorsed standards. VSX3 has over 5,500 tests for compliance with XPG3. See XPG.

VSX - Verification Suite for X/open.
, VPN-1 XL, Web Intelligence, ZoneAlarm, ZoneAlarm Pro, Zone Labs, and the Zone Labs logo, are trademarks or registered trademarks of Check Point Software Technologies Ltd. or its affiliates. All other product names mentioned herein are trademarks or registered trademarks of their respective owners. The products described in this document are protected by U.S. Patent No. 5,606,668, 5,835,726, 6,496,935, 6,873,988 and 6,850,943 and may be protected by other U.S. Patents, foreign patents, or pending applications.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Mar 24, 2006
Words:531
Previous Article:Q3 2006 3Com Corp Earnings Conference Call - Research and Markets offers a transcript of '3Com Corp' Conference Call.
Next Article:VCampus Announces Fourth Quarter and 2005 Financial Results; Company Also Announces $2.3 Million Private Placement to Support Plans for Rapid Growth...



Related Articles
Sourcefire Extends Interoperability Strategy with OPSEC Certification from Check Point Software.
Sourcefire Names Asheem Chandna to Board of Directors; Former Check Point Software Executive Brings Additional Industry Expertise and Company...
Nebulas joins Sourcefire's UK partner programme.
Defense globalization: foreign investors in U.S. corporations navigate sea of regulations.
Check Point Software Announces Conference Calls for Third Quarter Financial Results and Acquisition of Sourcefire, Inc.; Provides Update on Third...
Check Point Software Technologies to Acquire Sourcefire; Next Generation Intrusion Prevention Solutions to Extend Unified Security Architecture.
Check Point Software Reports Financial Results for the Third Quarter of 2005; Third Quarter EPS Increased 22% Year Over Year.
Check Point Software Reports 2005 Fourth Quarter and Annual Financial Results; Fourth Quarter EPS Increased 21% Year Over Year; Strong Growth in...
Check Point Software Provides Update on Sourcefire Acquisition.
Sourcefire and Check Point Announce Mutual Withdrawal from the CFIUS Process; Sourcefire to Remain the Industry's Largest and Most Innovative...

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles