Check Point buys Zone Labs
Onto the desktop
Check Point is boosting its consumer portfolio with through the takeover of Zone Labs, the vendor best known for the Zone Alarm firewall software.
Check Point is shelling out $205m upfront - approx $113m in cash and approx $92 mmillion in shares. It is also assuming Zone Lab employee stock options, which could convert to 2.9 million Check Point shares.
Post-acquisition, Zone Labs will operate as a division of Check Point. It claims 25 million desktops for Zone Alarm, and 1,100 enterprise customers for its Zone Labs Integrity suite. ®