View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
December 19, 2006

Check Point increases and extends Pointsec bid

Firewall vendor Check Point Software Technologies Ltd has had to up its offer for encryption and mobile security vendor Protect Data AB and its Pointsec subsidiary, and will now pay about $625m for the company after its original offer was rejected by shareholders.

By CBR Staff Writer

As well as increasing the previous bid of $586m, which was launched at a near 40% premium on the average 90-day closing price of Protect Data’s stock, Check Point said it would be extending the period for Protect Data shareholders to accept the offer to January 8, 2007.

Content from our partners
Powering AI’s potential: turning promise into reality
Powering AI’s potential: turning promise into reality
Unlocking growth through hybrid cloud: 5 key takeaways
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How businesses can safeguard themselves on the cyber frontline

Websites in our network
The New Statesman Press Gazette Spears World of Fine wine Elite Traveler Leadmonitor
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU