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Synopsys to Buy WhiteHat Security for $330M to Protect Apps

Synopsys to buy WhiteHat Security for $330M to protect web applications in production environments. WhiteHat will provide continuous security testing for hundreds or thousands of applications on live websites in a production-safe manner. The company delivers its capabilities using a SaaS platform, which allows for quick onboarding and time to value across the entire software development life cycle. The $330 million transaction is expected to close in the fiscal quarter ending July 31 and be roughly neutral to Synopsies’ non-GAAP earnings per share in fiscal year ending Oct. 31.”]

Source: https://www.databreachtoday.com/synopsys-to-buy-whitehat-security-for-330m-to-protect-apps-a-18980

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