Channel News and Analysis - Channel Insider
Empowering the next generation Channel
 

Bull’s Eye Awards
Nominations Open for Channel Insider 2009 Bull’s Eye Awards
Nominations are now open for the Channel Insider 2009 Bull’s Eye Awards, which recognize excellence in customer service, technology prowess, business acumen, channel leadership, communications and community building, and innovation among vendors, solution providers, distributors and channel services companies.



Sponsored Links
  • Control VM Sprawl, What You Don’t Know Can Hurt You
  • FREE Sophos Encryption Tool: Encrypt, compress and share files easily
  • LSI 6Gb/s Portfolio Expands to Include SATA+SAS HBAs
  • Reduce the cost of managing your mobile workers.
  • Find out 7 Ways to Drive Data Center Efficiency
  • SonicWALL breaks through network and email gridlock
  • Save up to 40% on calling costs with Avaya Aura™



  •  

    Source Code Specialist Fortify to Buy Secure Software

    in Channel News and Analysis


    Article Rating:starstarstarstarstar / 0
    Article Views: 646

    Rate This Article:
    Add This Article To:
    Company officials said that acquiring its rival in the source code analysis market will extend Fortify's reach into the requirements and design phases of the software development process.

    Applications development security specialist Fortify Software announced that it has agreed to buy a majority of privately held rival Secure Software for an undisclosed amount of money.

    Fortify, which is also a private company, reported Jan. 17 that it has signed a definitive contract to purchase Secure, which has its headquarters in McLean, Va., but did not disclose any financial details of the transaction.

    The deal specifically calls for Fortify, based in Palo Alto, Calif., to acquire certain intellectual property, capital assets and related resources from Secure, including the entirety of the firm's CodeAssure applications business and CLASP (Comprehensive, Lightweight Application Security Process) development best practices platform.

    Secure's products are used by companies to identify, asses and remediate vulnerabilities in software applications while they are still being developed, as do Fortify's own tools.

    By drumming out any potential flaws in their applications before taking the programs live, enterprises can greatly reduce the range of security threats they are ultimately exposed to, advocates of such technologies say.

    Resource Library:

    As part of the announcement, Fortify indicated its intent to continue to support Secure's existing products and customers after the deal is closed.

    In addition to gaining Secure's products, which expand Fortify's ability to integrate its technologies with IBM's software development tools, specifically its RUD (Rational Unified Process) platform, company officials said the deal will give the firm a larger presence in the Washington, D.C.-area as it pushes further into the federal government market.

    The acquisition also widens Fortify's ability to bring to market new products that will address the requirements and design phases of the software development process, company officials said.

    Fortify has tripled its sales over the last 12 months as demand for source code vulnerability scanning tools has escalated, according to Mike Armistead, vice president of corporate development at the firm.

    Read more here about Oracle's plan to use static code analysis technology from Fortify.

    "We've seen tremendous growth in the market, and we're looking to take advantage of our position and get additional assets onboard that will benefit customers," Armistead said.

    "People are looking for ways to solve the software vulnerability issue at its root cause, and this deal helps us add new capabilities to deliver on that goal; companies are doing a lot more testing, but they need technologies such as this to help them address vulnerabilities head on."

    Armistead would not speculate on how the two companies might merge their respective technologies, but he said Fortify plans to retain the majority of Secure's staff, as those individuals played a significant role in the software maker's decision to purchase its rival.

    The Fortify-Secure deal marks only the latest in a string of recent acquisitions announced in the security applications space.

    The largest of the deals is Cisco Systems' planned buyout of messaging security specialist IronPort Systems, for $830 million, announced Jan. 4.

    On Jan. 11, software maker Sophos announced a deal to buy privately held Endforce, a maker of network compliance software.

    On Dec. 20, malware detection software maker Websense announced an agreement to acquire data leakage prevention specialist PortAuthority Technologies for approximately $90 million in cash.

    And remote access specialist Check Point Software Technologies announced an agreement to acquire network intrusion detection analyst NFR Security for approximately $20 million on Dec. 19.

    Check out eWEEK.com's Security Center for the latest security news, reviews and analysis. And for insights on security coverage around the Web, take a look at Ryan Naraine's eWEEK Security Watch blog.



    Discuss Source Code Specialist Fortify to Buy Secure Software
     
    >>> Be the FIRST to comment on this article!
     

     
     
    >>> More Channel News and Analysis Articles          >>> More By Matt Hines
     


     


    [ci] feeds
    XML
    Add Channel News, Product Reviews, Trends and Analysis to your RSS newsreader or My Yahoo!


    HTML PLAIN TEXT

    Keep on top of news for VARs and Resellers with CI's Weekly Newsletter and Alerts.

     


    CHANNEL RESOURCE CENTER
     
     
    Enterprise Mobility Zone
    The Enterprise Mobility Zone (EMZ) blog is a tool designed to help senior IT executives discuss, create and deploy next-generation mobile strategies in their organizations.
    Go beyond yesterday's tactical approach to mobility!
     
    Build A More Efficient Data Center
    Demands are growing but budgets are not. Solve your pressing IT issues using the resources you already have. Determine which technologies can help you drive efficiencies and how they are applied. Gain a quick ROI on new initiatives
    Find out how
    Let Enterprise TechBrief do the work for you. Aggregated content, tech news, product reviews, vendor updates, how-to’s—all you need to boost your efficiencies and cut costs, all from one place.
    enterprisetechbrief.com