Network security company Check Point Software has announced its acquisition of Perimeter 81, a provider of Secure Access Service Edge (SASE) and Zero Trust Network Access (ZTNA) solutions, for approximately $490 million. Perimeter 81 offers cloud-delivered solutions for securing remote access, network traffic, and endpoint devices. Despite being valued at $1 billion a year ago, the acquisition price is over 50% lower. The acquisition is set to be finalized in the third quarter of 2023, and Check Point plans to integrate Perimeter 81’s capabilities into its existing architecture to offer a unified security solution across networks, the cloud, and remote users.

Read more: https://www.securityweek.com/check-point-to-acquire-sase-security-firm-perimeter-81-for-490-million/