The Channel logo

News

By | John Leyden 13th January 2016 16:25

Israeli security firms Check Point, CyberArk in talks – report

Possible ‘Cyber Googleplex’ in the making, says paper

Israeli security firm Check Point is reportedly in preliminary talks with local rival CyberArk about a possible acquisition/merger.

Rumours of the courtship surfaced in Hebrew-language Israeli financial newspaper TheMarker on Wednesday, and lead to twitterings in some quarters that we were about to witness the birth of some sort Israeli "Cyber Googleplex”. Like that's a good thing.

CyberArk markets tech designed to prevent miscreants using insider privileges to attack enterprises, which might be thought of as a secondary layer of security defence.

Check Point sells a wide range of security technologies but is best known for its firewalls, historically the first line of enterprise security defences.

Deperimeterisation (protecting a company's data on multiple levels) and the BYOD trend have, of course, changed the role of firewalls, and Check Point has long diversified into VPNs, intrusion prevention and mobile security. The latter two were accomplished in large part via the acquisitions of NFR and Lacoon Mobile Security, respectively.

These earlier deals provide precedents. Check Point is sitting on a nest egg of $3.6bn in cash as of the third quarter 2015, Reuters reports, so it certainly has the financial wherewithal to pull off the deal. CyberArk's valuation has halved over the last six months and it’s currently capitalised at around $1.2bn.

A Check Point PR representative is yet to respond to El Reg’s request to comment. ®

comment icon Read 2 comments on this article or post a comment alert Send corrections

Opinion

Baby looks taken aback/shocked/affronted. Photo by Shutterstock

Kat Hall

Plans for 2 million FTTP connections in next four years 'not enough'
Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Features

STRASBOURG, JUNE 29, 2016: The seat of the European Parliament. by Marco Aprile for shutterstock. EDITORIAL USE ONLY
Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'