Synopsys, a company that provides tools and services for designing chips and electronic systems, said on Monday that it would acquire Cigital, a provider of software security testing solutions, along with Cigital spin-off Codiscope, which also provides security tools.
Cigital is a privately held application security firm the specializes in professional and managed services to help customers identify, fix and prevent vulnerabilities in software.
Codiscope was established as a spin-off of Cigital in 2015, and has has “transformed the tools and intellectual property created by Cigital into a suite of accessible and streamlined tools for a broad population of developers.”
The terms of the deal were not disclosed. In 2014, Synopsys, acquired Coverity, a provider of software quality, testing, and security tools for roughly $375 million.
Cigital was established in 1992 with funding and contracts from DARPA and NASA. In October 2013, the company received a $50 million equity investment from private equity firm LLR Partners.
Cigital is also a driving force behind BSIMM (Building Security In Maturity Model), a study of real-world software security initiatives designed to serve as a measuring stick for secure application development programs.
“The acquisition of Cigital and Codiscope will add complementary products, services, and a highly skilled workforce to the Synopsys portfolio, enabling Synopsys to offer a comprehensive software security signoff solution,” Synopsys explained in the annoucement.
"Synopsys, Cigital and Codiscope have a shared vision of building security into the software development lifecycle and across the cyber supply chain," said Andreas Kuehlmann, senior vice president and general manager of the Synopsys Software Integrity Group.
Jim Ivers, CMO at Cigital, is a SecurityWeek columnist.
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