Check Point To Acquire Atmosec, An Innovative Saas Security Vendor, As Part Of Its Strategy To Deliver The Most Secure Sase Solution
Acquiring Company
Check Point
Acquired Company
Atmosec
Redwood City
Tel AvivInformation TechnologyBiotechnologySoftwareHealth CareSecurityCyber SecurityNetwork SecurityEmailcomputer & network securitySoftwareData And AnalyticsPrivacy And SecurityDescription
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has announced the acquisition of Atmosec. An early-stage start-up, Atmosec specializes in the rapid discovery and disconnection of malicious SaaS applications, preventing risky 3rd party SaaS communications, and rectifying SaaS misconfigurations. The move reinforces Check Point‘s commitment to enhance its SaaS security offering and address the security gaps and blind spots in SaaS applications. Atmosec was founded in January 2021 and employs 17 employees. The widespread adoption of SaaS applications has exposed organizations to an increased array of cyber threats. Statista reports an average use of 130 SaaS applications by organizations globally. Yet, Atmosec's research reveals that there are approximately 700 additional SaaS applications in use without IT's knowledge. Moreover, within popular enterprises SaaS platforms like O365 and Slack, hundreds of third-party apps are connected. This ever-expanding SaaS landscape not only increases the potential attack surface, but it also introduces many apps that could be harmful or misused to leak sensitive information, often bypassing proper IT authorization.“The shift to SaaS applications introduces specific challenges, notably in the realm of malicious SaaS-to-SaaS communications. Atmosec ́s capabilities in SaaS discovery, risk assessment, and full visibility are instrumental in addressing these challenges,” says Nataly Kremer, Chief Product Officer and Head of R&D at Check Point Software Technologies. “Integrating Atmosec’s technology into Check Point Infinity sets us to deliver one of the industry's most secure SASE solutions, enabling organizations to effectively manage SaaS security, prevent data leaks, unauthorized access, and malware dissemination, and ensure a robust, adaptive zero trust environment.”Key features of Atmosec's technology include:
Quick answer
Check Point is acquiring Atmosec, announced September 6, 2023. Check Point is based in Redwood City, California, United States.
- How much did Check Point pay for Atmosec?
- The deal value was not disclosed.
- What does Check Point do?
- Check Point is a leading provider of cybersecurity solutions for governments and enterprises globally.
- Where are Check Point and Atmosec based?
- Check Point is based in Redwood City, California, United States. Atmosec is based in Tel Aviv, Tel Aviv District, Israel.
- Who are the decision-makers at Check Point?
- Fundz holds 1 contact at Check Point. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Thermo Fisher Scientific Completes Acquisition Of Corevitas (August 14, 2023)
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Frequently asked
Who acquired Atmosec?
Atmosec was acquired by Check Point, based in Redwood City. The deal was reported on September 6, 2023. Check Point is a leading provider of cybersecurity solutions for governments and enterprises globally. Check Point is publicly traded (CHKP) and operates in Information Technology.
When did Check Point acquire Atmosec?
Check Point's acquisition of Atmosec was reported on September 6, 2023. Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has announced the acquisition of Atmosec. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Atmosec do?
Atmosec provides a SaaS security solution to help companies detect anomalies and proactively protect their SaaS ecosystem. Atmosec's SaaS security approach takes the contextual analysis of behavior between SaaS services. It is privately held, operating in Software, and is based in Tel Aviv.
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