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Check Point

20 stories about Check Point
מטה חברת צ'ק פוינט תל אביב

Check Point's Q3 revenue reaches $635M as valuation hits record $22B.

29.10.24|Sophie Shulman
The Israeli cyber company met analysts' forecasts as operating profit reached $218M. Since the beginning of the year, Check Point’s stock has surged 36%.
מימין: מנכ"ל צ'ק פוינט העתידי נדב צפריר והמנכ"ל המייסד גיל שויד

New Check Point CEO Nadav Zafrir to receive $15 million in first year

26.09.24|Sophie Shulman
Check Point moves away from Gil Shwed’s equity-based model with Zafrir’s mixed compensation plan. 
יוחאי כורם ושי יצקן, מייסיד סייברינט

Check Point acquires Cyberint in $200 million deal

27.08.24|Meir Orbach
The Israeli startup specializes in threat intelligence, digital risk protection, and attack surface management, and Check Point plans to use its solutions to enhance its Security Operations Center. This marks Check Point's 22nd acquisition and the 10th Israeli company it has acquired in the last six years.
מימין: מנכ"ל צ'ק פוינט העתידי נדב צפריר והמנכ"ל המייסד גיל שויד

Can Check Point's new CEO help it realize its full potential?

25.07.24|Sophie Shulman
Check Point has everything it needs to succeed and become a true cyber giant. What it lacks is exactly what incoming CEO Nadav Zafrir brings: an entrepreneurial spirit and boldness. Its success will depend, in part, on the ability of the mythical founder Gil Shwed to loosen the reins enough to change the company's DNA.
נדב צפריר מנכ"ל צ'ק פוינט החדש

Check Point shares surge on new CEO, earnings, becomes Israel’s most valuable company

24.07.24|CTech
The veteran cybersecurity company took its market cap above $20 billion, while both Teva and Mobileye shares dropped.
מימין: מנכ"ל צ'ק פוינט העתידי נדב צפריר והמנכ"ל המייסד גיל שויד

Nadav Zafrir to replace Gil Shwed as CEO of Check Point

24.07.24|Sophie Shulman
Zafrir will take up his post in December 2024 and will also be added to Check Point's board of directors. Shwed, who founded the company 30 years ago and has managed it since, will transition to the position of Executive Chairman. 
כנס כלכלית לאומית גיל שויד מנכל ומייסד צ'ק פוינט וידאו

Gil Shwed: "The team at Wiz is doing an amazing job. It's exciting to see new entrepreneurs succeed"

16.07.24|Maayan Manela
The founder and CEO of Check Point added: "They've built a beautiful product and are selling to the biggest companies in the world."
מוסף שבועי 21.3.19 ד.נ.א גיל שוויד

Check Point CEO Gil Shwed nets $50 million profit in sale of $200M-worth of options

12.05.24|Sophie Shulman
Shwed remains the largest shareholder in the company, owning 29.7 million shares as of the end of December 2023, representing a 25.3% stake in Check Point 
בניין צ'ק פוינט לוגו חדש

Check Point registers higher than expected Q1 profit helped by growth of AI-powered security platform

25.04.24|Meir Orbach
The veteran Israeli cybersecurity company said revenue grew 6% to $599 million
סייבר איראן סייבר איראני

Check Point: Iran has doubled its cyber attacks on Israel in the past week

10.04.24|Viki Auslender
According to an estimate by the cybersecurity company, the Revolutionary Guard and the Iranian Ministry of Intelligence carried out more than 2,000 attacks each in the past week. Among the targets - academic colleges and local authorities. "Israel is attacked 30% more than anywhere else in the world," the company said.
גיל שויד מנכל צק פוינט

Big shoes to fill: Check Point's Gil Shwed will cast giant shadow over successor

08.02.24|Sophie Shulman
The retirement of the founder of the cyber giant from the position of CEO after 31 years poses a significant challenge to his successor. On the one hand, the company is at its peak from a business standpoint. However, it needs a vision to move to another level and Shwed, who will be appointed as Executive Chairman, is not going anywhere
מימין ניר צוק מייסד פאלו אלטו ומייסד צ'ק פוינט גיל שוויד

What if Shwed had managed Check Point more like Zuk's Palo Alto Networks?

07.02.24|Sophie Shulman
“If there is something that the investors are signaling to Shwed and whoever will replace him in the position, it is that in the long term they still prefer phenomenal growth and bold moves, provided they succeed, of course, over conservatism that sanctifies profitability”
גיל שויד יו"ר מנכ”ל ומייסד צ’ק פוינט

Gil Shwed: "This is the perfect time to step down. We have peaked on all levels"

06.02.24|Sophie Shulman
After 30 years at the helm of Check Point, Shwed announced on Tuesday that he will be leaving the role of CEO. “I was 24-years-old when we started the company, and now, especially after the last quarter, the timing is perfect,” noted Shwed
מוסף שבועי 21.3.19 ד.נ.א גיל שוויד

Gil Shwed stepping down as Check Point CEO after 30 years

06.02.24|Sophie Shulman
“I feel it is the right time for me to focus on the evolution of Check Point and its next stage. I intend to transition into the role of Executive Chairman charting the future of Check Point and the cyber security market,” said Shwed after the company announced that it ended 2023 with revenues of $2.4 billion, a 4% increase from 2022, and a net profit of $997 million
Sagi Giladi Amit Bareket Perimeter 81

State of the unicorns 2024: From breakout to bargain

10.01.24|Sophie Shulman
Many unicorns are finding themselves in trouble, relying on whatever money they have left. But when the cash runs out this year and there is no possibility to continue paying the workers, we may see some go up for sale at ‘bargain’ prices
קו רקיע מרכז תל אביב Tel Aviv Business Center

These are Israel's five most valuable tech companies entering 2024

26.12.23|CTech
Mobileye, Check Point, Nice, monday.com, and CyberArk head the list of the Israeli tech firms with the highest market cap after weathering a stormy 2023, reaching a total value of $83.5 billion
מוסף שבועי 27.10.22 מימין ניר צוק ו ניקש ארורה מייסד ו CTO של חברת פאלו אלטו

Palo Alto closing on $100 billion valuation as entire cyber ecosystem flourishes

14.12.23|Sophie Shulman
The company founded by Nir Zuk is trading at a record value for a cybersecurity company, and Check Point and CyberArk are also at all-time highs. Although the cybersecurity sector as a whole is growing due to the increase in the scope of attacks and the change in regulations in the US, many Israeli companies are specifically benefitting due to their work with large organizations that are less affected by interest rates and their focus on comprehensive solutions
Cyber Attack

Data dump from Radware hack raises cyber eyebrows for the future of warfare

23.11.23|James Spiro
The hackers claim they will abide by the current ceasefire, but gigabytes of files have already been dumped on Telegram exposing sensitive information belonging to millions of Israelis
גיל שויד יו"ר מנכ”ל ומייסד צ’ק פוינט

Gil Shwed: Cyber attacks on Israeli companies demanding ransom doubled during war

30.10.23|Sophie Shulman
"Since the beginning of the war, there has been an overall increase in cyber attacks on Israel - which are mainly aimed at government officials,” Gil Shwed, founder and CEO of Check Point said today, “Many media outlets are also being attacked."
Atmosec Misha Seltzer Shaked Gitelman Aner Gelman

Check Point acquiring cyber startup Atmosec in second purchase in less than a month

06.09.23|CTech
The move comes after Check Point acquired Israel’s Perimeter 81 for $490 million last month
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