The announcement of the purchase of the Israeli company has now been officially made.
Check Point Software Technologies has now officially announced the acquisition of the Israel based Lacoon Mobile Security business, following a slew of reports that had appeared throughout March.
Last month’s reports had suggested that the companies had been in talks for an $80 million purchase.
As of the writing of this article, the actual price of the sale of the mobile security company had not been released. That said, the deal has now officially closed and has been announced by the companies. This purchase of Lacoon will hand Check Point an important piece in the smartphone and tablet based security puzzle. This will allow it to step its offerings up from the standard mobile device management that is the foundation of many of its rivals. This, according to the vice president of business development at Check Point, Alon Kantor.
Adding mobile security to device management can provide an entirely new level to remote services.
Typically speaking, mobile device management has to do with providing IT with control over a smartphone or tablet in a remote way, so that actions can be taken such as removing corporate data from a personal device if an employee should leave the business, or even completely wiping a stolen phone.
What makes Lacoon unique is the way in which it looks at mobile device security. Kantor described it by saying that “MDM manages the devices and the applications while the Lacoon solution is about securing these devices and blocking advanced mobile threats such as malware, [advanced persistent threats] or targeted network attacks.”
This functions with both Android and iOS based devices. It collects data with regards to threats and then complements any other existing security infrastructure that a company has put into place. This could provide Check Point with a very powerful mobile security tool, according to Constellation Research principal, R. Ray Wang. He explained that instead of having to depend on the reaction of MDM to a threat to security, once it has already happened, Lacoon protects proactively to protect against the attacks in the first place.
That country has the greatest concentration of this form of retail stores among all countries on the globe. The directions taken by its convenience chains frequently suggest the types of moves that will be made by other chains around the world. Now that it has placed such a serious and evident focus on mobile applications, it is easy to believe that others will follow suit.