Gil Shwed, co-founder and CEO of Checkpoint
Israel’s Check Point Software, most famous for its firewall cyber security protection, has just bought out fellow Israeli firm Spectral for $60 Million. Spectral is an Israeli startup that provides developer-first security tools.
Check Point Software Technologies entered into a definitive agreement to acquire Spectral, and the transaction is expected to close imminently. Spectral´s products will be available immediately under the CloudGuard product suite.
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Did you accidentally download one of 470 malicious apps? Make sure that this #malware isn’t on your phone. #CyberTalk https://t.co/rh42ZRYuwJ pic.twitter.com/mYu9h2eJQu
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With this acquisition, Check Point boasts that the company will extend its cloud solution, Check Point CloudGuard, with developer-first security platform, and provide the “widest range of cloud application security use cases including Infrastructure as Code (IaC) scanning and hardcoded secrets detection.”
Founded by Dotan Nahum (CEO), Idan Didi (COO), Uri Shamay (Chief Architect), and Lior Reuven (VP Engineering), Spectral declares that it has developed the first cyber security solution that acts as a control-plane over source code and other developer assets. It finds and protects against harmful security errors in code, configurations and other artifacts. Spectral employs the first hybrid scanning engine, combining AI and hundreds of detectors, ensuring developers can code with confidence while protecting companies from high-cost mistakes.
“As leaders in IT security Check Point is constantly looking at how cloud security will morph in the future so we can invest today in securing whatever comes next” said Dr. Dorit Dor, Chief Product Officer at Check Point Software. “The acquisition of Spectral, further emphasizes our commitment to cloud developers. This is Check Point´s fifth cloud security acquisition in the last three years, reaffirming our commitment to support the cloud developer´s community and our mission of delivering cloud security automation, usability, and trust across any cloud to every enterprise.”
“Spectral’s undertaking is to enable developers to build and ship software without worry. By joining Check Point, we will be able to help more developers, across more regions, and build our community and open source offering faster and more effectively” says Dotan Nahum, CEO and co-founder of Spectral. “The combination of Check Point’s deep cloud security capabilities and threat intelligence tools with Spectral’s best in class security tools for developers, will allow organizations to shift-left security with tools developers love and security teams trust.”
