Check Point Buys Startup Atmosec to Secure SaaS Applications
Check Point Software plans to purchase an early-stage SaaS security startup founded by former Armis leaders to anticipate and block threats from malicious applications. The Silicon Valley-based platform security vendor said its proposed acquisition of Tel Aviv, Israel-based Atmosec will give clients a better understanding on what's going on with the SaaS platforms - such as Office 365, Salesforce and GitHub - that power their business, said Vice President of Product Management Eyal Manor. Each of these platforms has thousands of apps behind the scenes, and some of them are malicious. "We really loved their technology," Manor told Information Security Media Group. "We loved the demo. This is exactly the share of mind that our customers are looking for. This is the share of mind that is basically part of our DNA. We saw that, and we really liked it." Check Point's stock was up $0.01 - or 0.01% - to $133.86 per share in trading Wednesday. Terms of the acquisition - which is expected to close by mid-September - weren't disclosed.