HP to buy security firm Fortify Software

17 Aug 2010

HP will acquire software security assurance company Fortify Software in order to help clients reduce risks of insecure software.

HP hopes this purchase will also let it help businesses meet compliancy regulations and protect companies from attacks from malicious programs.

“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 of Software and Solutions at HP.

“With Fortify’s leadership in static application security analysis, combined with HP’s expertise in dynamic application security analysis, organisations will have a best-in-class solution to improve the security of their applications and services,” he said.

HP and Fortify have collaborated before with ‘Hybrid 2.0,’ a security analysis technology. This helped develop an earlier integration of the two companies in June 2009.

“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, Fortify Software.

“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.”

HP will run Fortify as a standalone entity initially, to maintain continuity while targeting the security market. Over time, Fortify will be integrated in HP fully.

Fortify’s products will join the Business Technology Optimisation application portfolio on HP’s sales and services channels. The terms of the deal have not yet been disclosed.