In the wake of former CEO Mark Hurd’s sexual harassement scandal, HP is announcing that it is acquiring Fortify, a software security company. Terms of the deal were not disclosed.
Fortify’s Software Security Assurance products and services protect companies from security threats in busines software applications. The company’s software evaluates and test software code for security flaws while programs are actually being developed. Fortify has previously collaborated with HP, integrating its software with HP products in June 2009.
HP says that it will operate Fortify initially as a standalone entity but the company will eventually be folded into HP’s Software and Solutions business. Fortify’s products will become part of the Business Technology Optimization application portfolio, available through HP’s sales and service channels.
Fortify has raised venture funding from DAG Ventures, Kleiner Perkins Caufield & Byers and Sigma Partners
Clearly the Fortify acquisition is more of an enterprise play. HP’s last two acquisitions, Lala competitor-Melodeo, and smartphone manufacturer Palm, have been in the consumer and hardware space.
Fortify’s Software Security Assurance products and services protect companies from the threats posed by security flaws in business-critical software applications. Combining deep application security expertise with extensive software development experience, Fortify Software has defined the market with award-winning products that assure software security from development to production. Today, Fortify Software fortifies the software for the most demanding customer deployments, including the world’s largest, most varied code bases.
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