Fortify Software Inc., whose
product is used by Oracle Corp. and others
to scour source code for possible security flaws, has announced
plans to acquire Secure Software Inc.
The acquisition of Secure Software will bolster Fortify's
position in the software security market by expanding its worldwide
customer base and extending its presence in the greater Washington,
D.C. area to better serve the federal market, the Palo Alto,
Calif.-based company said in a press release.
Furthermore, the company said, "Secure Software's technology,
including its rights to Comprehensive, Lightweight Application
Security Process (CLASP), expands Fortify's reach into the
requirements and design phases of the software development
lifecycle. It further strengthens Fortify's integration with IBM
products, specifically the Rational Unified Process (RUP)."
Under the terms of the agreement, Fortify will acquire certain
intellectual property, capital assets, and skilled resources
belonging to Secure Software. Secure Software customers will be
provided with the full range of support and professional services
that Fortify customers currently enjoy, Fortify said. The price tag
for Secure Software was not immediately disclosed.
"We are very proactive in improving the knowledge and skills of
our application developers related to information security and
removing security-related vulnerabilities early in the application
development lifecycle," Jim Routh, CISO of the Depository Trust and
Clearing Corp. said in a statement. "Secure Software has been a
trusted partner, and we're confident that Fortify Software will
continue to deliver the same value proposition of improving our
software capabilities, providing our customers with highly
resilient products and services."