Veracode Software gobbled by private equity house Thomas Bravo for $950m

Veracode Software gobbled by private equity house Thomas Bravo for $950m

6 years ago
Anonymous $yysEBM5EYi

https://www.theregister.co.uk/2018/11/05/veracode_software_bought_by_private_equity_house_thomas_bravo_for_950m/

Thomas Bravo – private equity owner of McAfee and Barracuda Networks – has slurped cloudy application security testing biz Veracode Software, a division of Broadcom, for $950m in cash.

Veracode was only bought by CA Technologies in March last year, but clearly doesn't feature in the future plans of Broadcom – CA's new parent. It sells a software-as-a-service platform and related wares for developers to ID and fix security defects during the dev lifecycle.