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Synopsys acquires Black Duck Software in USD547m deal

Synopsys has completed its acquisition of Black Duck Software, a privately held leader in automated solutions for securing and managing open source software, in a deal worth USD547 million.

Software development is undergoing sweeping and rapid change, including the increasing use of open source software (OSS), which makes up 60 per cent or more of the code in today’s applications. While the use of open source code lowers development costs and speeds time to market, it has been accompanied by significant security and license-compliance challenges, because most organisations lack visibility into the OSS in use.
Black Duck’s industry-leading products automate the process of identifying and inventorying the open source code, detecting known security vulnerabilities and license compliance issues. It also provides automated alerts for any newly discovered vulnerabilities affecting the open source code.

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