Check Point Software to step up investment after profit beats estimates

Network security provider Check Point Software Technologies plans to sharpen its focus on threat-prevention and mobile security, it said on Monday after posting better than expected quarterly profit on higher sales. "Cyber security tailwinds are massive and Check Point is at the right place at the right time." Check Point has acquired two Israeli companies since the start of the year. In February it bought cyber security start-up Hyperwise and this month it acquired Lacoon Mobile Security to help prevent cyber attacks on mobile phones.

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