Check Point Software Technologies has announced yesterday its acquisition of Hyperwise Security - a small Israeli startup company founded in 2013.
According to Israeli economy journal Calcalist (Hebrew only), Hyperwise has had 4 employees in March 2014 with plans to hire 6 more people.
The journal says Check Point has payed $80M for the startup. It is 40 times more than the original investment of $2M done by Shlomo Kramer and some others.
Shlomo Kramer, one of Check Point's founding fathers, is investing in various technology companies in IT security field. Among multiple startups there are also many known and established vendors, such as Imperva or Palo Alto.
To my knowledge, this is the first time Check Point acquires one of Shlomo's babies. It is also quite extraordinary for Check Point to go after a startup in its early stages of technology development.
I would assume Check Point was after technological concepts that could help reinforcing threat emulation functionality.
According to Israeli economy journal Calcalist (Hebrew only), Hyperwise has had 4 employees in March 2014 with plans to hire 6 more people.
The journal says Check Point has payed $80M for the startup. It is 40 times more than the original investment of $2M done by Shlomo Kramer and some others.
Shlomo Kramer, one of Check Point's founding fathers, is investing in various technology companies in IT security field. Among multiple startups there are also many known and established vendors, such as Imperva or Palo Alto.
To my knowledge, this is the first time Check Point acquires one of Shlomo's babies. It is also quite extraordinary for Check Point to go after a startup in its early stages of technology development.
I would assume Check Point was after technological concepts that could help reinforcing threat emulation functionality.
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