Synopsys Acquires Tinfoil for Application Security Testing
Synopsys acquires Tinfoil, which offers dynamic application security testing (DAST) & Application Program Interface (API) security testing solutions.
Synopsys has acquired Tinfoil Security, which offers dynamic application security testing (DAST) and Application Program Interface (API) security testing solutions. Financial terms were not disclosed.
This is M&A Deal Number 36 that ChannelE2E has covered in 2020. See the complete M&A deal list here.
Neither Synopsys nor Tinfoil specifically promote their offerings to channel partners. (Synopsys highlights a targeted partner effort here.) But VARs and MSPs can recommend the software to customers that need to strengthen secure application development and related DevOps tasks. Moreover, IT security professionals across the IT channel leverage Synopsys and Tinfoil to harden their application code.
Synopsys Acquires Tinfoil: Potential Synergies
Tinfoil Security was founded in 2011 by Ainsley Braun (pictured above) and Michael Borohovski, two MIT and intelligence community alumni.
Tinfoil Security’s software identifies vulnerabilities on web applications and integrates with DevOps workflows, the company asserts. Moreover, the Tinfoil Security API Scanner detects vulnerabilities in APIs, including web-connected devices such as mobile backend servers, IoT devices, as well as any RESTful APIs, the seller adds.
The acquisition appears to align well with Synopsys’s core focus. The company’s software helps development teams build secure software. Customers can quickly find and fix vulnerabilities and defects in proprietary code, open source components, and application behavior, Synopsys claims.