Deals

HP to buy software security company Fortify

HP announced Tuesday morning that it’s acquiring Fortify, a company that specializes in software security. The terms of the deal were not disclosed.

The purchase would allow HP to offer a way for businesses to “reduce business risk, meet compliance regulations and protect against malicious application attacks by integrating security assurance.” It would also give customers the best of both worlds in software security — Fortify specializes in static application security analysis (scanning software for flaws or malicious code before deploying), while HP is more familiar with dynamic security analysis (scanning code while its live).

The two companies previously worked together on Hybrid 2.0 (PDF link), a technology which HP calls “the nNext generation of integrated static and dynamic security analysis.” The union will push development of this technology even further.

HP plans to run the company as a standalone unit, and it will eventually be integrated into its Software and Solutions business.

Based in San Mateo, Calif., Fortify was founded in 2003, and received initial funding by Kleiner Perkins Caufield & Byers.

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