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Mergers & Acquisitions

Checkmarx Sale Reflects Demand for Application Security Testing

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Published: March 18th, 2020
Along with Hellman &Friedman, companies such Synopsys, Japan’s NTT and Microsoft's GitHub have acquired application security testing companies as trends in cyber attacks and regulation.

Hellman & Friedman LLC’s $1.15 billion purchase of Checkmarx.com Ltd. from Insight Partners comes amid a series of deals in application security testing.

Companies such as Synopsys Inc. (SNPS), Japan’s NTT Data Corp. and Microsoft Corp.’s (MSFT) GitHub Inc. have acquired application security testing companies as trends in cyber attacks and regulation.

Software developers and users got a jolt as ransomware attacks have emerged in recent years, putting the spotlight on industry as active one for dealmaking and investment.

Editor’s note: The original version of this article, including potential opportunities in the application securities industry and other details, was published earlier on The Deal’s premium subscription website. For access, log in to TheDeal.com or use the form below to request a free trial.

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