Synopsys has signed a definitive agreement to acquire WhiteHat Security, a market-segment leading provider of dynamic application security testing (DAST) solutions.
Today Synopsys announced that it has signed a definitive agreement to acquire WhiteHat Security, an application security pioneer and market-segment leading provider of dynamic application security testing (DAST) solutions. The two companies are strategically aligned, with a shared vision for delivering SaaS-based security testing services and building security into the software development life cycle. WhiteHat Security will enhance our efforts in the software security market by broadening our product offering and accelerating the expansion of our Polaris application security platform.
As software development strives to keep pace in today’s rapidly evolving markets, dynamic analysis remains a critical component to any application security testing program. The WhiteHat Security DAST solution is a time-proven, SaaS solution that can safely and efficiently run continuous testing against production applications. This gives organizations the flexibility to apply dynamic analysis quickly and easily at any stage of the development process.
Since the creation of the Synopsys Software Integrity Group (SIG), we have been striving to build trust in software through a comprehensive, end-to-end portfolio for software security and quality. The acquisition of WhiteHat Security is another step forward in this process, expanding the ability of Synopsys to provide companies a scalable approach for minimizing software-related business risk, ensuring timely product releases at predictably lower cost, and ensuring internal and external standards compliance.
With the acquisition of WhiteHat Security, the SIG portfolio will contain:
The acquisition is expected to close in Synopsys’ third fiscal quarter, subject to regulatory review and customary closing conditions. We are looking forward to welcoming the employees of WhiteHat Security and working together to add even more value to our customers.
Jason Schmitt is the general manager of the Software Integrity Group at Synopsys. He is a seasoned leader with a proven track record of deep technical knowledge, product development, insight into emerging and rapidly changing cybersecurity challenges, and go-to-market strategy and implementation. He brings more than 20 years of experience in security and enterprise product development and management. Prior to Synopsys, Jason served as the CEO of cloud security startup Aporeto, and vice president and general manager of Fortify and ArcSight at Hewlett Packard. Jason is a Louisiana native, who completed his bachelor's degree in Mechanical Engineering and master's degree in Computer Science at the Georgia Institute of Technology, and his MBA at Georgia State University’s J. Mack Robinson College of Business.