HP to Buy Fortify

Wade Roush8/18/10

Palo Alto, CA-based Hewlett-Packard announced yesterday that it has agreed to acquire Fortify Software, a San Mateo, CA, maker of automated systems to find and fix security vulnerabilities in enterprise software. Terms of the agreement were not disclosed. Fortify’s venture backers, who last provided a $10 million Series D financing round in 2005, include DAG Ventures, Sigma Partners, and Kleiner Perkins Caufield & Byers.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @