HP revealed plans to buy Fortify Software today for an undisclosed sum. The move would deepen the existing ties between the two companies and come more than a year after IBM acquired OunceLabs.
Hewlett-Packard has agreed to acquire Fortify Software to add another layer to its application security portfolio.
The terms of the deal were not disclosed. According to HP, the
acquisition of Fortify will allow HP to help organizations meet
compliance regulations and bolster security by integrating security assurance into the development lifecycle
"Businesses operate in a world of increasing security and compliance
challenges, and the applications and services that they rely on are
core to the problem and the solution," said Bill Veghte, executive vice
president, Software and Solutions, at HP, in a statement. "With
Fortify's leadership in static application security analysis combined
with HP's expertise in dynamic application security analysis,
organizations will have a best-in-class solution to improve the
security of their applications and services."
HP and Fortify have history together, such as the "Hybrid
2.0" security analysis technology the companies announced in
February that updated integration unveiled in June 2009. Plans for
the deal also follow IBM's purchase of OunceLabs last year
, which some analysts predicted would challenge HP.
"I think it is a great move for HP," Forrester Research analyst Mike
Gualtieri told eWEEK. "It is a perfect fit for their tools given the
integration they have done with Fortify over the past few months.
Developing secure applications will always be important and too many
app dev organizations don't know where to begin."
When the deal closes HP will run Fortify initially as a standalone
company. Fortify will eventually be integrated into the HP Software and
Solutions business, with its products becoming part of the company's
Business Technology Optimization application portfolio, HP said.
"Fortify has always been committed to helping chief information
security officers and application teams find, fix and prevent security
vulnerabilities before they can be exploited by attackers," said John
M. Jack, CEO of Fortify, in a statement. "Joining HP will allow us to
further integrate our proven technology and security expertise with
HP's solutions, letting our joint clients shrink the time-to-security
for their new and existing production applications."