Checkpoint Software misses sales expectations
PrintCompetition too tough?
Posted in Business, 3rd July 2001 14:38 GMT
Free whitepaper – PowerEdge energy Smart brochure
Check Point Software has announced its Q2 sales have missed expectations.
The firewall firm said revenue for the period ending 30 June was $140 million to $142 million, below the predicted $149.5 million. Sales for the period a year earlier were $90.7 million.
The full results will be posted on 23 July.
Maybe its sales were affected by the arrival of Finnish security firm Stonesoft. Stonesoft has lodged a complaint to the European Commission alleging Checkpoint Software has abused its dominant position in the firewall software market.
The pair were partners until March this year when Stonesoft released a software firewall and VPN product, which competed head-on against Checkpoint products. ®
Automating the Acquisition Process with Enterprise Level CRM
Enabling the Agile Data Center
10 Strategies for Choosing a Midmarket ERP Solution
Hosted CRM Can Be Your Secret Weapon to Success!
Checklist: Midmarket ERP Solutions
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter