Synopsys Buying WhiteHat Security from NTT for $330 Million

Synopsys is acquiring WhiteHat Security, which rebranded to NTT Application Security last year, for $330 million in cash.

NTT Security acquired WhiteHat in 2019 and is now selling it to Synopsys. Synopsys should finalize the acquisition in the third quarter.

Synopsys said adding WhiteHat will expand its application security SaaS capabilities. The two companies share a vision for delivering SaaS-based security testing solutions and building security into the software development life cycle.

WhiteHat Brings ‘Powerful’ Technology, Expertise to Synopsys

Jason Schmitt is general manager of Synopsys‘ software integrity group.

Synopsys’ Jason Schmitt

“WhiteHat Security helped pioneer SaaS delivery of application security testing, and brings powerful technology and expertise into our application security portfolio,” he said. “WhiteHat Security’s dynamic application security testing (DAST) capabilities complement our strengths in static analysis, interactive analysis and software composition analysis, while their expertise in SaaS will accelerate our security testing SaaS capabilities.”

Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP. It offers a broad portfolio of application security testing tools and services.

Craig Hinkley is CEO of WhiteHat/NTT Application Security.

“We’re thrilled to join forces with Synopsys in the next phase of our journey,” he said. “The combination of our respective strengths and our shared vision for the future of application security presents exciting opportunities for our customers and the broader market. We look forward to continuing to serve the loyal customers that have trusted WhiteHat Security for nearly 20 years and expanding our footprint as part of the larger Synopsys portfolio.”