Check Point Scouts for New Headquarters

Nasdaq-listed network and cloud security company Check Point Software Technologies Ltd. is looking for new headquarters, according to one person familiar with the matter who spoke with Calcalist on condition of anonymity.

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Replying to Calcalist’s request for a comment, a spokesperson for Check Point confirmed that the company is “exploring new opportunities to expand in Israel.”

Check Point employs approximately 2,200 people in Israel, currently working in several facilities, including the company’s existing headquarters in Tel Aviv, which has reached full occupancy, the person familiar with the matter said.Last March, Check Point rented three floors of the Alon Towers in Tel Aviv, which have since also reached full occupancy, that person said.

In April, the company reported revenues of $472 million for the first quarter of 2019, up from $452 million in the first quarter of 2018.