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Checkpoint Systems company history timeline

1969

Checkpoint was originally incorporated in Pennsylvania in 1969 as a wholly owned subsidiary of Logistics Industries Corporation, a packaging company.

In 1969, Checkpoint Systems was formed as a wholly owned subsidiary of Logistics Industries Corporation.

1977

Eight years later, on June 30, 1977, Checkpoint was spun off from its parent and began trading on NASDAQ under the symbol CHECK. By then, the company's CHECKPOINT technology was already being adapted for use in retail.

1977: Company is spun off as part of a merger between Logistics and Lydall, Inc.

1986

By 1986 Checkpoint, focusing on drugstores, would be tied for second with Knogo Corporation, but it still lagged well behind Sensormatic.

1986: Founder A.E. Wolf names Gerald Klein to succeed him.

1992

In 1992 Checkpoint acquired its Canadian distributor, Checkpoint Canada, allowing the company to directly sell its products in the Canadian marketplace.

1993

In February 1993 rumors that the NARM subcommittee working on the security question had recommended the Sensormatic system sent Checkpoint stock tumbling, losing a third of its value in two days.

1995

Kevin Dowd took over as president and CEO in 1995, with Wolf now serving as chairman of the board.

1996

Checkpoint and Target stores, which used Checkpoint systems and sold a great deal of music products, filed suit against NARM. When PolyGram in 1996 began to employ the source tagging standard recommended by NARM, Checkpoint and Target sued the music distributor.

1997

In April 1997 the suit against NARM was settled out of court.

1999

Also in 1999 Wolf stepped down as chairman of the board of Checkpoint in favor of director David Clark.

In 1999, Checkpoint broadened its product offering with the purchase of METO, a German provider of handheld labeling systems used by food and discount retailers to brand and price mark merchandise.

While Checkpoint concurred and urged that market forces be allowed to work, Sensormatic took the position that CDs were not conducive to two tags and that the delays cause by litigation had simply prevented merchants from enjoying the savings that could be realized by better security measures. It was not until 1999 that Sony Music Distribution and WEA announced that they would begin to embed Sensormatic tags in their CDs but would also conduct talks with Checkpoint about accommodations with the company's competing system.

2006

In 2006, Check Point raised the bar with the creation of a unified security architecture using a single management console, unified security gateways, and the first agent-based endpoint security.

In 2006, Checkpoint further expanded its source tagging business with new print technology and production capabilities through the purchase of ADS Worldwide, a UK-based supplier of apparel labels, tags and trim products.

2009

By 2009, the company acquired Nokia’s security appliance business and FaceTime Communications’ application database, adding security controls for over 50,000 Web 2.0 widgets and more than 4,500 internet applications to our security gateways.

2017

In April 2017, the company introduced Check Point Infinity, the first consolidated security across networks, cloud, endpoints, and mobile, providing unparalleled threat prevention.

2018

In October 2018, Check Point acquired Dome9, making cloud deployments safer and more manageable for enterprise transitioning their IT infrastructures.

2022

CPX 360 - NOW ON DEMAND The most important cyber security event of 2022 LEARN MORE

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Founded
1969
Company founded
Headquarters
West Deptford, NJ
Company headquarter
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Checkpoint Systems may also be known as or be related to CHECKPOINT SYSTEMS INC, Checkpoint Systems, Checkpoint Systems Inc, Checkpoint Systems Inc. and Checkpoint Systems, Inc.