Nokia's Security Appliance Business is acquired by Check Point Software Technologies

Nokia's security appliance business is based in California and has 500 employees and over 23,000 customers.
Tuesday, December 23, 2008: Nokia has signed an agreement to sell security appliance business to Check Point Software Technologies, for an undisclosed sum. The two businesses have collaborated for over a decade to deliver enterprise security solutions, and this agreement is the natural culmination of that long-standing collaboration, the company said.
For over 10 years, the security appliance business within Nokia has held a leading position in the security appliance market.Our IP security platforms have developed a well-deserved reputation as the premier platform on which to deploy Check Point's leading security software.

Tom Furlongsaid to senior vice president services and software, Nokia. "This business fits naturally with Check Point, and the combination will provide a great path forward for the thousands of customers who depend on Nokia security solutions today."

Gil Shwed, chairman and CEO, Check Point said,

"As a pioneer in security appliances, the Nokia security appliance business has been an important strategic partner for Check Point and has helped us achieve early leadership in the security appliance market".

Adding Nokia's security appliance portfolio into Check Point's broad range of security solutions is the natural conclusion of our long collaboration and will assure a smooth path forward for our mutual customers.

Nokia's security appliance business provides purpose-built security platforms optimised for Check Point Firewall, virtual private network (VPN) and unified threat management (UTM) software. About 85 per cent 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 licenced with over 1,00,000 customers worldwide.

Check Point's customer base includes 100 per cent 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 31 March 2009.