{"id":47220,"date":"2022-06-22T20:22:47","date_gmt":"2022-06-22T20:22:47","guid":{"rendered":"https:\/\/www.darkreading.com\/application-security\/synopsys-completes-acquisition-of-whitehat-security"},"modified":"2022-06-22T20:22:47","modified_gmt":"2022-06-22T20:22:47","slug":"synopsys-completes-acquisition-of-whitehat-security","status":"publish","type":"post","link":"https:\/\/www.threatshub.org\/blog\/synopsys-completes-acquisition-of-whitehat-security\/","title":{"rendered":"Synopsys Completes Acquisition of WhiteHat Security"},"content":{"rendered":"
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MOUNTAIN VIEW, Calif., June 22, 2022 \/PRNewswire\/ — Synopsys, Inc.<\/a> (NASDAQ: SNPS<\/a>) today announced that it has completed the acquisition of WhiteHat Security, a leading provider of application security Software-as-a-Service (SaaS). The addition of WhiteHat Security provides Synopsys with significant SaaS capabilities and market-segment-leading dynamic application security testing (DAST) technology to strengthen what is considered one of the industry’s broadest application security testing portfolios. Synopsys and WhiteHat Security, which was acquired by NTT Security Corporation in 2019, share a vision for delivering SaaS-based security testing solutions and building security into the software development lifecycle.<\/p>\n

Synopsys paid $330 million in cash and expects the acquisition to be roughly neutral to FY2022 non-GAAP earnings per share.<\/p>\n

“WhiteHat Security helped pioneer SaaS delivery of application security testing and brings powerful technology and expertise into our application security portfolio,” said Jason Schmitt, general manager of the Synopsys Software Integrity Group. “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.”<\/p>\n

About the Synopsys Software Integrity Group<\/strong><\/p>\n

Synopsys Software Integrity Group provides integrated solutions that transform the way development teams build and deliver software, accelerating innovation while addressing business risk. Our portfolio of software security products and services is the most comprehensive in the world and interoperates with third-party and open source tools, allowing organizations to leverage existing investments to build the security program that’s best for them. Only Synopsys offers everything you need to build trust in your software. Learn more at www.synopsys.com\/software<\/a>.<\/p>\n

About Synopsys<\/strong><\/p>\n

Synopsys, Inc. (Nasdaq: SNPS<\/a>) is the Silicon to Software\u2122 partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry’s broadest portfolio of application security testing tools and services. Whether you’re a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com<\/a><\/p>\n<\/div>\n<\/div>\n

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Keep up with the latest cybersecurity threats, newly-discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.<\/p>\n

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Read More HERE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Addition of WhiteHat Security provides Synopsys with SaaS capabilities and dynamic application security testing (DAST) technology.Read More HERE<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","footnotes":""},"categories":[151],"tags":[],"class_list":["post-47220","post","type-post","status-publish","format-standard","hentry","category-darkreading-ti"],"yoast_head":"\nSynopsys Completes Acquisition of WhiteHat Security 2026 | ThreatsHub Cybersecurity News<\/title>\n<meta name=\"description\" content=\"ThreatsHub Cybersecurity News | ThreatsHub.org | Cloud Security & Cyber Threats Analysis Hub. 100% Free OSINT Threat Intelligent and Cybersecurity News.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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