Check Point Software Technologies announced plans to acquire Nokia's security appliance business.
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Terms of the Nokia deal were not disclosed. Check Point entered the security appliance business in 2007 with the introduction of an appliance for midmarket businesses. Check Point sells an enterprise-grade VPN-1 UTM appliance called Edge, which runs on hardware from third-party partners like Nokia, IBM and Crossbeam. It provides a number of features including intrusion prevention technology, VoIP security, URL filtering and secure remote access connections.
Nokia has been a strong player in the fixed mobile convergence market, focusing on securing the convergence of IP-based and cellular phone technologies. Nokia and Check Point have grown closer in recent years. Nokia's security appliances integrate with Check Point's firewall, virtual private network (VPN) and unified threat management (UTM) software. Nokia said that it has 23,000 customers worldwide.
"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," Gil Shwed, Chairman and CEO at Check Point said in a statement.
The deal is expected to be finalized in the first quarter.