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Announcement (December 22, 2008):
Check Point has signed an agreement to acquire the security appliance business of Nokia.
The agreement is expected to close in the first quarter of 2009.
Barclays Capital plc is acting as financial advisor to Nokia.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-04-13
Deal Participants
Target (Company) Nokia Oyj - Security Appliance Business Acquirer (Company) Check Point Software Technologies, Ltd. Vendor (Company) Nokia Oyj
Deal Rationale
The transaction would expand the security appliance portfolio of Check Point.
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