June 19th, 2007
HP buys SPI Dynamics
Hewlett-Packard said it will acquire SPI Dynamics for an undisclosed sum as security companies are quickly gobbled up.
IBM recently acquired Watchfire in a similar deal. Meanwhile, companies such as RSA Security and ISS have also been acquired by EMC and IBM, respectively.
SPI assesses the security of software code. The acquisition gives HP a foothold in the application quality market.
In a statement, HP said SPI is already integrated with HP’s Quality Center software. SPI has 140 employees in Atlanta and has more than 1,000 customers.
Larry Dignan is Editor in Chief of ZDNet and Editorial Director of ZDNet sister site TechRepublic. See his full profile and disclosure of his industry affiliations.
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