Security Firms in Acquistion Triangle

Wednesday, November 16, 2016 @ 03:11 PM gHale


Synopsys, Inc. signed agreements to acquire Cigital, a privately held provider of software security managed and professional services, and Codiscope, a 2015 spinoff of Cigital and provider of complementary security tools.

Cigital is a large, global application security firm specializing in professional and managed services for identifying, remediating and preventing vulnerabilities in software applications. Codiscope transformed the tools and intellectual property created by Cigital into a suite of accessible and streamlined tools for a broad population of developers.

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The security of software code throughout the software supply chain is a critical concern for companies across a broad range of industries, from financial services and medical devices to industrial controls and automotive.

As the cyber security landscape becomes increasingly complex, organizations are struggling to determine the right solution in the context of a multitude of point tool offerings and varying vendor strategies, as well as their own IT challenges and priorities.

The acquisition of Cigital and Codiscope will add complementary products, services, and a highly skilled workforce to the Synopsys portfolio, enabling Synopsys to offer a comprehensive software security signoff solution.

“Synopsys, Cigital and Codiscope have a shared vision of building security into the software development lifecycle and across the cyber supply chain,” said Andreas Kuehlmann, senior vice president and general manager of the Synopsys Software Integrity Group. “Cigital’s consultants are instrumental in guiding organizations from the earliest stages of security readiness and system maturity, which will provide an impactful addition to Synopsys’ current product-based offering. Codiscope’s developer-focused tools and training modules are important in empowering developers to prioritize security. Together we will be able to provide our customers with a state-of-the-art software security platform.”

“Coupling the managed services and professional services of Cigital with the product strengths of Synopsys really creates something very remarkable: the first true end-to-end provider for software security,” said John Wyatt, Cigital chief executive.

The terms of the deal are not being disclosed.



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