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New Deal


Announced

Synopsys to acquire WhiteHat Security from NTT Security for $330m.

Financials

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Transaction Value£262m
Consideration TypeSpecial Dividend, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Security Equipment

cybersecurity

United States

Single Bidder

Private

Friendly

Acquisition

Pending

Domestic

Majority

Synopsis

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Synopsys, an American electronic design automation company, agreed to acquire WhiteHat Security, an application security provider, from NTT Security, an IT service management company, for $330m. "We're thrilled to join forces with Synopsys in the next phase of our journey. The combination of our respective strengths and our shared vision for the future of application security presents exciting opportunities for our customers and the broader market. We look forward to continuing to serve the loyal customers that have trusted WhiteHat Security for nearly 20 years and expanding our footprint as part of the larger Synopsys portfolio," Craig Hinkley, WhiteHat Security CEO.

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