Check Point to Acquire Lacoon Mobile Security

PRESS RELEASE

SAN CARLOS, CA--(Marketwired - Apr 2, 2015) - Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the largest pure-play security vendor globally, today announced its intention to acquire Lacoon Mobile Security. Lacoon is leading the industry in providing a solution to secure the entire mobile device, with the best advanced threat catch-rate for enterprise-grade mobile security platforms.

Lacoon not only provides the most comprehensive solution for iOS and Android, but also delivers real-time mobile security and intelligence to an organization's existing security and mobility infrastructures. Their patent-pending technology detects device, application and in-network threats that others may have missed and quantifies the risks and vulnerabilities that BYOD exposes to the enterprise. With Lacoon's mobile solutions, enterprises can balance the needs of mobile security and protection without impacting end user experience and privacy.

"Mobility has become the norm in business operations now more than ever before, because it enables employee productivity with anytime, anywhere access," said Gil Shwed, CEO and Chairman of Check Point Software Technologies. "However, companies are not necessarily protecting the data on mobile devices properly. Traditional MDM strategies acknowledge the existence of mobile devices, but miss an important factor: protecting those devices, and the data on them, from threats. The addition of Lacoon, the leader in Mobile Threat Prevention, would allow us to provide our customers the most complete mobile security solution on the market."

Lacoon was founded in 2011 by experts from the mobile cyber security and defense industries with R&D operations in Tel Aviv, Israel and a sales team in San Francisco, CA. The acquisition of Lacoon will bring deployment-proven and patented advanced mobile threat prevention capabilities to the Check Point portfolio. The Lacoon founders and team will be integrated into Check Point's operations. The acquired technology from Lacoon will further extend Check Point's mobile security portfolio by adding Advanced Mobile Application Threat Emulation, behavioral risk analysis and real-time anomaly detection capabilities. The acquisition is expected to close today. 

About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (www.checkpoint.com) is the largest pure-play security vendor globally, provides industry-leading solutions, and protects customers from cyberattacks with an unmatched catch rate of malware and other types of attacks. Check Point offers a complete security architecture defending enterprises' networks to mobile devices, in addition to the most comprehensive and intuitive security management. Check Point protects over 100,000 organizations of all sizes. At Check Point, we secure the future.