Israeli cybersecurity firm Verify Level Software program Applied sciences Ltd. (Nasdaq: CHKP) has introduced that it’s increasing its international headquarters in Israel via the development of a 100,000 sq. meter workplace campus in Tel Aviv with work stations for six,000 staff.
“Globes” reported in March that Verify Level along with Israel Canada (TASE: ISCN) gained a young for land on Tel Aviv’s Kremenitski Road within the Bitsaron neighborhood for NIS 800,000, of which Verify Level’s half was NIS 500,000. The land on which the brand new campus will likely be constructed in addition to 320 housing items, belongs to Tel Aviv Municipality and is leased to Israel Electrical Corp. (IEC).
RELATED ARTICLES
Based on Verify Level’s announcement, the brand new campus will cowl an space of roughly 63,000 sq. meters with twice the present capability for workers of the corporate’s headquarters in Israel.
The tender was printed in December 2024, and the advanced covers 13,000 sq. meters between Kremnitski Road within the south, HaHaskalah Boulevard within the east and Walter Mozes Road within the west, not removed from Yigal Alon Road.
The corporate estimates that building work will start in two years and final seven years, and upon completion, Verify Level’s international headquarters in Israel will will develop into one of many largest tech buildings in Israel. For comparability, the Azrieli Sarona Tower has roughly 82,000 sq. meters of workplace s[ace.
Check Point’s current headquarters is located not far from the planned new campus, on Hasolelim Street in Bitzaron. The company purchased the building in 2006 and expanded it to cover 30,000 square meters. The company employs over 3,000 people in Israel.
Check Point cofounder and chairman Gil Shwed said: “This current move reflects Check Point’s commitment to long-term expansion and strengthening its position as a leading player in the cybersecurity field, from Israel. As an Israeli company, we see strategic importance in establishing our center of operations and leadership here.”
Check Point CEO Nadav Zafrir added, “The move is intended to support Check Point’s growth for the coming decades, and to align the physical infrastructure with our innovation strategy. In addition to expanding the campus and company headquarters, we are establishing an AI research and development center, which will serve as a technological anchor and core capabilities for the next generation of protection solutions.”
Published by Globes, Israel business news – en.globes.co.il – on May 18, 2025.
© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.
