Israeli Industry Conference
Check Point CEO Downplays Mellanox Acquisition
Selling a company can be a sign that management has grown tired and wishes to hand over the reins, Gil Shwed, CEO of the firewall pioneer, said Tuesday
Mellanox’s acquisition, Nvidia’s largest to date, came after a long feud with activist investor Starboard Value LP, settled in June.
Check Point is not for sale, Shwed said, adding that there aren’t many companies capable of buying the information security firm currently trading at a $19.67 billion market capitalization. To keep things at Check Point fresh he constantly changes management strategies and delegates authorities, Shwed added.