Silicon Valley, CA, 28 April 2022 — Global law firm Hogan Lovells advised Synopsys in its agreement to acquire WhiteHat Security, a leading provider of application security Software-as-a-Service (SaaS), from NTT Security Corporation. Under the terms of the transaction, Synopsys will pay approximately $330 million in cash for WhiteHat Security.
The addition of WhiteHat Security will provide Synopsys with significant SaaS capabilities and market-segment-leading dynamic application security testing (DAST) technology to strengthen what is considered one of the industry’s broadest application security testing portfolio. Read more on the transaction at Synopsys.
The Hogan Lovells M&A team was led by partners Rick Climan and Chris Moore, with senior associate Jalpit Amin (all based in Silicon Valley) and associate Jason Lee (New York). Advising on IP matters were partner John Brockland and senior associates Whei Hsueh and Conner Griffith (all San Francisco).
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