Check Point snorts up Sourcefire for $225m

Consolidation in the security space

By Dan Ilett, 7 October 2005 16:10

NEWS Check Point is to spend $225m buying Sourcefire, the company behind the open source intrusion prevention tool Snort.

The Israeli security company is expected to complete the deal with Sourefire early next year.

Intrusion prevention systems such as Snort are meant to stop hackers from entering a network. Sourcefire offers a free, basic version of Snort but also sells more advanced versions with extra tools.

Check Point, which claims to have sold around 80,000 firewalls, is to pay cash for the firm.

Wayne Jackson, CEO of Sourcefire, said the deal would boost his company's research and development efforts.

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