Check Point Software To Acquire Cyberint To Transform Security Operations; No Financial Terms Of The Transaction Disclosed
Portfolio Pulse from Benzinga Newsdesk
Check Point Software Technologies Ltd. (NASDAQ:CHKP) is acquiring Cyberint Technologies Ltd. to enhance its Security Operations Center capabilities and expand its threat intelligence offerings. The acquisition will integrate Cyberint's solutions into Check Point's Infinity Platform, although financial terms were not disclosed.
August 27, 2024 | 12:18 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Check Point Software is acquiring Cyberint to enhance its security operations and threat intelligence capabilities. This strategic move is expected to strengthen Check Point's market position in cybersecurity.
The acquisition of Cyberint by Check Point Software is a strategic move to enhance its Security Operations Center capabilities and expand its threat intelligence offerings. This is likely to strengthen Check Point's competitive position in the cybersecurity market, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100