Synopsys Set to Acquire Black Duck Software for $565M

Software integrity vendor Synopsys announced on Nov. 1 that it is acquiring privately held Black Duck Software for $565 million, in a deal that is expected to close in December 2017.

Black Duck Software develops a software composition analysis platform that is used by organizations to help understand and secure their open-source software development efforts and deployments. The company was founded in 2002 and had raised approximately $75.5 million in venture funding.