By: Craig Kennedy
Check Point Acquires Perimeter 81—Securing Remote Access
On Thursday, August 10 2023, Check Point Software signed a definitive agreement to acquire Perimeter 81 for $490 million in a cash free, debt free deal. This marks Check Point’s largest acquisition to date, the prior being the acquisition of Zone Labs in 2003 for $205 million.
Who is Perimeter 81?
Perimeter 81, founded by Amit Bareket and Sagi Gidal in 2018, is an Israeli based cloud and network security company that develops software that secures remote networks, based on zero trust network access (ZTNA). In June 2022, the company announced it had raised $100 million in Series C funding and received a $1 billion valuation.
Perimeter 81 has over 200 employees and over 3,000 customers. It offers a fully cloud-native service enabling any business to easily build a secure corporate network spanning disparate private and public networks all managed from a unified console.
Who is Check Point?
Check Point Software is a provider of cybersecurity solutions that protect organizations from cyberattacks. The company offers a broad range of security products and services, covering network, cloud, endpoint, IoT, mobile, data, and threat intelligence.
Its Infinity portfolio of solutions are designed to protect organizations from advanced cyberattacks. Check Point was recently featured in Aragon Research’s Market Insights Guide for AI in Cybersecurity.
How Does This Benefit Check Point?
Check Point plans on integrating Perimeter 81´s capabilities into the Check Point Infinity platform, consistent with its goal of delivering security through comprehensive and consolidated solutions. This acquisition will only strengthen Check Point’s existing secure access service edge (SASE) offering with Perimeter 18’s potent SSE technology, providing organizations with fast and scalable secure access, regardless of location, across the network, cloud, and remote users.
Bottom Line:
Perimeter 18 has solid SSE and ZTNA capabilities that will mesh well with Check Point’s platform offerings. Check Point already had solid SASE and ZTNA offerings, however by integrating Perimeter18’s technology, Check Point’s product offerings will only be strengthened.
See Craig LIVE for “Cybersecurity in the Age of AI: Fighting Fire With Fire”
Airing LIVE on Thursday, August 17th at 10 AM PT | 1 PM ET
Cybercriminals are aggressively weaponizing artificial intelligence (AI) to launch increasingly effective cyberattacks against organizations. These cybercriminals are using AI to launch sophisticated and stealthy cyberattacks, such as creating realistic deep fakes, generating malware that can evade detection systems, creating convincing phishing emails, or identifying and exploiting vulnerabilities in real-time.
In this webinar, you will learn how AI can help you fight fire with fire to combat and survive these AI-powered cybersecurity attacks.
Some key areas we’ll cover:
- How cybercriminals are changing the game with AI?
- What solutions are available to combat these threats?
- How emerging AI technologies will transform cybersecurity?
This blog is a part of the Digital Operations blog series by Aragon Research’s Sr. Director of Research, Craig Kennedy.
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