Check Point buys Zone Labs

Check Point buys Zone Labs
Drew Cullen, The Register 2003-12-16

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. ®