Check Point To Acquire Nokia's Security Appliance Business

Check Point Software Technologies, a player in the Internet security space, has signed an agreement to acquire Nokia’s security appliance business. The two businesses have collaborated over the past decade to deliver a range of enterprise security solutions. Building on this collaboration, Check Point will now provide an extended security appliance portfolio.

Gil Shwed, chairman and CEO at Check Point, said, “Adding Nokia’s security appliance portfolio into Check Point’s broad range of security solutions is the natural conclusion of our long collaboration, and will assure a smooth path forward for our mutual customers.”

Check Point and Nokia have long provided customers with a range of security solutions proven in mission critical environments. Nokia’s security appliance business provides purpose-built security platforms optimised for Check Point firewall, virtual private network (VPN) and unified threat management (UTM) software.

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The agreement between Check Point and Nokia is expected to close in the first quarter of 2009 subject to regulatory approvals and customary closing conditions.