Check Point Acquires Perimeter 81 for $490M to Bolster Hybrid and Remote Worker Security

1 min read
Source: TechCrunch
Check Point Acquires Perimeter 81 for $490M to Bolster Hybrid and Remote Worker Security
Photo: TechCrunch
TL;DR Summary

Check Point, the enterprise cybersecurity company, has acquired Perimeter 81, an Israeli startup specializing in security tools for remote and hybrid workers, for approximately $490 million. The acquisition will help Check Point expand its offerings and customer base in the remote work market. Perimeter 81's technology will be integrated into Check Point's Infinity architecture, allowing for more unified security services. This acquisition reflects the trend of larger enterprise platforms consolidating point-solution functionality to provide comprehensive solutions to customers. The deal is expected to close in Q3 2022.

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