Israeli cybersecurity firm Test Level Software program Applied sciences Ltd. (Nasdaq: CHKP) has introduced that it’s increasing its world headquarters in Israel by way of 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 Test Level along with Israel Canada (TASE: ISCN) received a young for land on Tel Aviv’s Kremenitski Avenue within the Bitsaron neighborhood for NIS 800,000, of which Test Level’s half was NIS 500,000. The land on which the brand new campus can be constructed in addition to 320 housing items, belongs to Tel Aviv Municipality and is leased to Israel Electrical Corp. (IEC).
RELATED ARTICLES
In response to Test 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 revealed in December 2024, and the complicated covers 13,000 sq. meters between Kremnitski Avenue within the south, HaHaskalah Boulevard within the east and Walter Mozes Avenue within the west, not removed from Yigal Alon Avenue.
The corporate estimates that development work will start in two years and final seven years, and upon completion, Test Level’s world 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.
