Synopsys Completes WhiteHat Security Acquisition
In other security news this week …
Synopsys has completed its acquisition of WhiteHat Security, which rebranded to NTT Application Security last year, for $330 million in cash.
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.
Jason Schmitt is general manager of Synopsys‘ software integrity group.
“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 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. We are excited about the value this will create for our customers and welcome the WhiteHat Security team as they join us in our mission to build trust in the software that businesses depend on.”
Earlier this month at RSA Conference USA, Dave Gerry, NTT Application Security’s chief revenue officer and head of global operations, commented briefly on the acquisition.
“What I will tell you is that the reception as a whole has been incredibly positive,” he said. “So we’re really excited about it and we think it’s going to be a really good thing for our partners.”