MOUNTAIN VIEW, Calif., June 22, 2022 /PRNewswire/ — Synopsys, Inc. (NASDAQ: SNPS) at the moment introduced that it has accomplished the acquisition of WhiteHat Safety, a number one supplier of utility safety Software program-as-a-Service (SaaS). The addition of WhiteHat Safety offers Synopsys with important SaaS capabilities and market-segment-leading dynamic utility safety testing (DAST) know-how to strengthen what is taken into account one of many business’s broadest utility safety testing portfolios. Synopsys and WhiteHat Safety, which was acquired by NTT Safety Company in 2019, share a imaginative and prescient for delivering SaaS-based safety testing options and constructing safety into the software program growth lifecycle.
Synopsys paid $330 million in money and expects the acquisition to be roughly impartial to FY2022 non-GAAP earnings per share.
“WhiteHat Safety helped pioneer SaaS supply of utility safety testing and brings highly effective know-how and experience into our utility safety portfolio,” mentioned Jason Schmitt, normal supervisor of the Synopsys Software program Integrity Group. “WhiteHat Safety’s DAST capabilities complement our strengths in static evaluation, interactive evaluation and software program composition evaluation, whereas their experience in SaaS will speed up our safety testing SaaS capabilities. We’re excited concerning the worth this may create for our prospects and welcome the WhiteHat Safety staff as they be part of us in our mission to construct belief within the software program that companies depend upon.”
Concerning the Synopsys Software program Integrity Group
Synopsys Software program Integrity Group offers built-in options that rework the way in which growth groups construct and ship software program, accelerating innovation whereas addressing enterprise threat. Our portfolio of software program safety services is essentially the most complete on this planet and interoperates with third-party and open supply instruments, permitting organizations to leverage present investments to construct the safety program that is finest for them. Solely Synopsys provides all the things it’s essential to construct belief in your software program. Be taught extra at www.synopsys.com/software program.
About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software program™ associate for revolutionary firms growing the digital merchandise and software program functions we depend on day by day. As an S&P 500 firm, Synopsys has an extended historical past of being a worldwide chief in digital design automation (EDA) and semiconductor IP and provides the business’s broadest portfolio of utility safety testing instruments and companies. Whether or not you are a system-on-chip (SoC) designer creating superior semiconductors, or a software program developer writing safer, high-quality code, Synopsys has the options wanted to ship revolutionary merchandise. Be taught extra at www.synopsys.com
