Israeli IT security company Check Point Software Technologies Ltd. (Nasdaq: CHKP) today announced the acquisition of Hyperwise. Based in Tel Aviv, Hyperwise is a privately held, early-stage company that has developed a unique and cutting-edge CPU-level threat prevention engine that eliminates threats at the point of pre-infection. The exploit prevention technology provides a higher catch rate of threats and provides organizations an unmatched level of protection against attackers.
The transaction is not expected to have a material effect on financial results. Terms of the deal were not disclosed but it is believed to be several tens of millions of dollars.
Check Point says that current approaches to threat prevention have traditionally focused on detecting and blocking malware only after the malware is already active, resulting in an unaddressed threat gap in the earlier phases of attack. With the acquisition of Hyperwise, which was founded in 2013, Check Point will now address this gap by enabling the detection of threats at the pre-infection stage. The integration of CPU level Threat Prevention will block previously undetected attacks and should increase Check Point's industry-leading Threat Emulation malware catch rates.
The Hyperwise founders and team will immediately be integrated into Check Point's operations, and the technology will be integrated into the existing Check Point Threat Emulation portfolio.
Check Point CEO and chairman Gil Shwed said, "Security technology innovation needs to outpace threat innovation. The acquisition of Hyperwise brings important technology and deep expertise that will extend Check Point's threat prevention leadership. As we integrate the next generation OS and CPU level threat protection into our Threat Emulation offering, Check Point bolsters customers' cyber defense strategies to identify and stop the broadest range of attacks at the first point of contact."
Published by Globes [online], Israel business news - www.globes-online.com - on February 18, 2015
© Copyright of Globes Publisher Itonut (1983) Ltd. 2015