News
HP to Acquire Fortify Software
August 2010 by Marc Jacob
HP and Fortify Software today announced they have entered into a definitive agreement under which HP will acquire Fortify Software, a privately held software security assurance company based in San Mateo, Calif.
Terms of the deal were not disclosed.
With the acquisition of Fortify Software, HP will offer a complete, market-leading solution that helps organizations reduce business risk, meet compliance regulations and protect against malicious application attacks by integrating security assurance seamlessly across the application life cycle.
HP and Fortify’s history of collaboration includes the introduction in February of “Hybrid 2.0,” an advanced security analysis technology that strengthened an earlier integration announced in June 2009. With the acquisition of Fortify, HP will be able to accelerate development of this technology to give clients the accuracy and prioritization they need around security vulnerabilities to build scalable enterprise application security programs.
Upon close, HP will run Fortify initially as a standalone entity to ensure continuity while targeting the security market. Fortify will be integrated over time into the HP 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.
