Codenomicon, a global software security company based in Finland, has been acquired by Synopsys

Codenomicon, a global software security company based in Finland, has been acquired by Synopsys

News published on June Monday 29, 2015
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Paris/New York, June 29th 2015 - Synopsys, Inc. (Nasdaq: SNPS) has completed its acquisition of Codenomicon, a global software security company based in Finland with a focus on software embedded in chips and devices. Codenomicon's product lines were integrated to Synopsys software integrity groups product portfolio.


Based in Finland, Codenomicon Oy is well-known and highly respected in the global software security world with a focus on software embedded in chips and devices. Its customer base includes some of the world's leading organizations in telecommunications, finance, manufacturing, software development, healthcare, automotive and government agencies.


Codenomicon's solutions will help Synopsys deliver a more comprehensive security offering for the software development lifecycle by adding its Defensics® tool for file and protocol fuzz testing, and its AppCheck™ tool for software composition analysis and vulnerability assessment.


"Businesses are increasingly concerned about the security of their applications and protecting customer data. Adding the Internet of Things to the mix increases the complexity of security even further. During the past 15 months, the world was hit by major security breaches such as Heartbleed, Shellshock, etc.," said Chi-Foon Chan, president and co-CEO of Synopsys. "By combining the Coverity platform with the Codenomicon product suite, Synopsys will expand its reach to provide a more robust software security solution with a full set of tools to help ensure the integrity, privacy and safety of an organization's most critical software applications."


"Since our inception, Codenomicon has focused on making the world a safer place by giving organizations the visibility and real-time intelligence necessary to effectively protect their software assets against security vulnerabilities," said Rauli Kaksonen, co-founder of Codenomicon. "By adding our pioneering solutions to Synopsys' Coverity platform, we can extend these benefits to a broader audience and help reduce risk across a range of industries and applications."


About Codenomicon Oy (www.codenomicon.com)


Codenomicon provides a suite of next-generation solutions that help forge a better path to total defense. Individually, these solutions provide new layers of security testing, robustness, intelligence, collaboration and security. Founded in 2001, Codenomicon has deep roots in academia, having been originally spun out from the Oulu University Secure Programming Group and its successful PROTOS research project. Codenomicon also offers an array or services that include testing, auditing, training and verification services to aid organizations seeking to advance and enhance their security profile.


 

About Synopsys (www.synopsys.com)

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP, and is also a leader in software quality and security testing with its Coverity® solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest quality and security, Synopsys has the solutions needed to deliver innovative, high-quality, secure products.



About Bryan, Garnier & Co (www.bryangarnier.com)


Bryan, Garnier & Co is an independent investment bank specialized in European TMT, Healthcare and Renewable Energies growth companies. Bryan, Garnier & Co is positioned in three activities: Equity Research & Brokerage, Asset Management and Corporate Finance. Bryan, Garnier & Co has become a leader in advising European growth companies on strategic finance transactions such as mergers & acquisitions, equity capital market, LBOs, IPOs and private placement.With more than 150 professionals based in London, Paris, Munich, Geneva, New York and New Delhi, Bryan, Garnier & Co combines the range of services and the expertise of top-tier investment banks with the level of attention to clients of a boutique. 

In January 2016, Bryan, Garnier & Co announces the merger with premier technology advisory boutique Cartagena Capital GmbH.

 






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