Check Point acquires security startups Cyclops, Cyata, and Rotate

"According to Israeli media, the three transactions totaled approximately $150 million. The largest part of this went to Cyclops Security from Tel Aviv. This company developed a technology platform that collects and analyzes large amounts of security data from diverse IT environments. By standardizing information from different sources and enriching it with AI models, the system can identify risks and vulnerabilities. Cyclops focuses on detecting unknown or unmanaged IT resources within corporate networks."

"Check Point has also acquired Cyata Security and Rotate. These companies raised more than $8 million in growth capital before being acquired. Cyata develops software that enables organizations to set up control mechanisms for AI agents. IT teams can determine which systems or servers a digital agent is allowed to communicate with. When an agent operates outside the established parameters, the platform can intervene by blocking the activity or requiring human approval first."

"Rotate focuses on managed service providers, companies that manage customers' IT environments. Rotate's platform helps identify a variety of security risks, ranging from vulnerable devices and weak passwords to phishing attacks. With this acquisition, Check Point aims to strengthen its position within the MSP segment. The company is already active in this segment with, among other things, email security solutions that block malware and ransomware. These activities generated more than $160 million in annual revenue in the past quarter."

Check Point announced three acquisitions totaling about $150 million while releasing quarterly results. Profits clearly exceeded expectations, but revenue fell slightly short of analysts' forecasts, and investors reacted with a sharp drop in the share price. The largest acquisition, Cyclops Security from Tel Aviv, provides a platform that standardizes and enriches diverse security data with AI to identify risks and unknown or unmanaged IT resources. Cyata offers controls for AI agents, enabling blocking or human approval when agents operate outside allowed parameters. Rotate strengthens the managed service provider (MSP) segment by identifying device, password and phishing risks, complementing existing email security revenue exceeding $160 million.

Read at Techzine Global