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Submitted URL: http://techcrunch.com/2010/08/17/hp-acquires-software-security-company-fortify/
Effective URL: https://techcrunch.com/2010/08/17/hp-acquires-software-security-company-fortify/
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Effective URL: https://techcrunch.com/2010/08/17/hp-acquires-software-security-company-fortify/
Submission: On March 23 via api from CA — Scanned from CA
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TechCrunch Login Join TechCrunch+ Searchsearch * TechCrunch+ * Startups * SVB Crash * Venture * Security * AI * Crypto * Apps * Events * More Close Screen twitter(opens in a new window)facebook(opens in a new window)linkedin(opens in a new window)reddit(opens in a new window)mail(opens in a new window)Copy Share Link Link CopiedLink Copied TC HP ACQUIRES SOFTWARE SECURITY COMPANY FORTIFY Leena Rao@LeenaRao / Invalid DateTime• comment Comment In the wake of former CEO Mark Hurd’s sexual harassement scandal, HP is announcing that it is acquiring Fortify, a software security company. Terms of the deal were not disclosed. Fortify’s Software Security Assurance products and services protect companies from security threats in busines software applications. The company’s software evaluates and test software code for security flaws while programs are actually being developed. Fortify has previously collaborated with HP, integrating its software with HP products in June 2009. HP says that it will operate Fortify initially as a standalone entity but the company will eventually be folded into HP’s Software and Solutions business. Fortify’s products will become part of the Business Technology Optimization application portfolio, available through HP’s sales and service channels. Fortify has raised venture funding from DAG Ventures, Kleiner Perkins Caufield & Byers and Sigma Partners Clearly the Fortify acquisition is more of an enterprise play. HP’s last two acquisitions, Lala competitor-Melodeo, and smartphone manufacturer Palm, have been in the consumer and hardware space. 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