Nokia Sells Security Appliances to Check Point Software
Nokia a has signed an agreement
for Check Point Software Technologies to acquire Nokia's security
appliance business.
The two businesses have collaborated for over a decade to deliver industry-leading enterprise security solutions, and this agreement is the natural culmination of that long-standing collaboration.
The two businesses have collaborated for over a decade to deliver industry-leading enterprise security solutions, and this agreement is the natural culmination of that long-standing collaboration.
Check
Point and Nokia have long provided customers with a range security solutions, proven in high-performance, mission
critical environments. Nokia's security appliance business provides
purpose-built security platforms optimized for Check Point Firewall,
virtual private network (VPN) and unified threat management (UTM)
software. About 85 percent of Fortune 500 companies have bought Nokia's
security platforms. More than 220,000 Nokia appliances have been
installed with over 23,000 customers worldwide.
Check
Point has a broad range of security gateways, available as software as
well as dedicated appliances. More than 700,000 Check Point security
gateways have been licensed with over 100,000 customers worldwide.
Check Point's customer base includes 100 percent of Fortune 100 and 98
percent of Fortune 500 companies.
The
agreement between Nokia and Check Point is expected to close in the
quarter ending in March 31, 2009. It is subject to regulatory approvals
and customary closing conditions.
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