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SOFTWARE INDUSTRY NEWS |
Check Point acquires Liquid Machines |
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Check Point Software Technologies Ltd. has acquired privately held Liquid Machines, a data security firm that started up in 2001.  Liquid Machines’ products prevent the misuse, modification, loss or theft of intellectual property and sensitive information residing in documents. The company specializes in data protection and has 12 issued and pending patents for document encryption and content security. For Check Point, the Liquid Machines technology will be part of its future product suite and will enable secure sharing of documents, Check Point said in a statement.Liquid Machines is headquartered in Waltham, MA, and is in the field of Enterprise Rights Management. Customers include Fortune 100 companies in the financial services, utility and industrial sectors. The company was till now funded by early stage venture capital firms Atlas Ventures, DFJ New England, and Draper Fisher Jurvetson. Other investors include Goldman Sachs, Masthead Venture Partners, and RRE Ventures. Check Point said that both companies have obtained the required government and regulatory approvals and that the deal is expected to close immediately. The acquisition, Check Point said, will broaden its extensive data security portfolio. |
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