Check Point


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Check Point

(Check Point Software Technologies Inc., Redwood City, CA, www.checkpoint.com) A company that provides software for enterprise security solutions, including network security, traffic control and IP address management. Its award-winning family of products provides a comprehensive set of tools for security management. The California office is the U.S. headquarters of Israeli-based Check Point Technologies Ltd., founded in 1993.
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As a result of this testing, operators can now select the Check Point security gateway as part of a Kineto UMA Network Controller to support the growing number of UMA deployments worldwide.
Check Point has initiated a compulsory redemption procedure to acquire the remaining shares in Protect Data.
Governments around the world are looking for manageable, comprehensive security solutions to control and secure network access," said David Amsler, senior vice president, Cyberspann, a Check Point Service Partner.
Integrated Check Point SmartCenter[TM] management delivers centralized, built-in security management without the need for additional hardware or software.
To allow time for the remaining shareholders and warrant holders, who wish to accept the offer, Check Point has extended the acceptance period until February 7, 2007, inclusive.
Check Point will continue to buy shares in the market at the offer price of SEK 187 per share, and will initiate a compulsory redemption procedure to acquire the remaining shares and warrants in Protect Data as soon as possible.
By virtualizing network security with the enhanced VPN-1 Power VSX Check Point, customers can reduce capital investments in hardware and save on overall operational costs associated with hardware acquisition and maintenance.
Check Point VPN-1 MASS (Multi-Access Security Solution) delivers secure fixed-mobile convergence (FMC), enabling carriers to deliver advanced communication products and services to customers without compromising the security of the carrier network.
Given the notable acceptance rate, Check Point has decided to acquire the shares and warrants which have been tendered for a total cost of approximately SEK 3,764 million or US $534 million, based on current exchange rate.
Check Point offers the industry's most comprehensive security solutions for businesses and consumers worldwide.
Check Point denies committing any violation of law or wrongdoing and entered into the settlement solely to avoid the burden and distraction of protracted discovery and litigation.
Provided that Check Point announces that the conditions to the offer have been fulfilled or waived no later than January 11, 2007, settlement is expected to commence on or about January 16, 2007.