Check Point Software’s Sage Software acquisition adds more than 3,000 jobs
Check Point and Sage Software announced Monday that they have acquired more than three-quarters of their business.
The two companies announced the purchase in a blog post announcing the acquisition.
Check Point, founded in 2004, has a focus on data security and distributed systems.
Sage, founded by Microsoft executive and software entrepreneur Matt Mullenweg, offers tools for data protection and analysis.
The companies are currently focused on data analytics and data management.
Check point’s product portfolio includes software for enterprise applications, data centers and mobile devices.
The company also sells enterprise security solutions, security auditing, enterprise mobile security and cloud security products.
Sage Software, founded last year, has focused on the development and commercialization of security solutions.
The startup’s products have a wide range of security offerings, including endpoint-based security, mobile, mobile app, application-level, web, and mobile web security.
Check Point’s products include a suite of enterprise security applications for both cloud and local servers.
Sage Software’s products range from enterprise application security management solutions for enterprises to enterprise mobile application security solutions for consumers.
Check points core business is the development of security and application management solutions, including enterprise application management, security audit, cloud security and mobile security.
Sages core business includes enterprise application, cloud and mobile application, data center and mobile applications.
Check Points revenue is estimated at more than $3 billion, with more than 1,000 employees.
The acquisition of Sage and Check Point is expected to create about three new jobs in the San Francisco Bay Area.
Check Points is also expanding its product portfolio to include security and analytics products, and other services to help customers and partners protect their data.