And net income for the fiscal year skyrocketed to $532.4 million, or $3.45 per diluted share, up 23.1 percent from $432.5 million, or $2.82 per diluted share.
See what the extension looks like in our interactive demo: Code Sight Quick Tour. It scans automatically, and highlights issues in the development environment so that you can fix them quickly.
The Synopsys® Code Sight extension identifies quality and security issues in your software while you code. 31, sales for Synopsys climbed to $3.36 billion, up 7.7 percent from $3.12 billion the year prior. Synopsys Code Sight for Visual Studio Code.
All told, Synopsys has made 75 acquisitions since being founded 34 years ago, according to Crunchbase.įor the most recent fiscal year, which ended Oct. The Tinfoil Security acquisitions comes just five months after Synopsys purchased automotive software simulation, tool testing and services vendor QTronic. And since APIs are a significant emerging attack vector, Gartner found that security testing can help avoid the tangible and intangible costs associated with breaches and other types of security incidents.
This includes web-connected devices such as mobile backend servers, IoT devices, as well as any RESTful APIs, according to the company.Įliminating exploitable vulnerabilities makes it more difficult for attackers to gain access to applications and systems exposed via APIs, Gartner said in a July 2019 report. Tinfoil Security also offers an API Scanner focused on detecting vulnerabilities in APIs, Synopsys said. "As part of the Synopsys portfolio, we're in a stronger position to help developers and IT security professionals build secure solutions for their organizations." "We're thrilled to be joining the Synopsys Software Integrity Group and excited about what this acquisition means for our team, our technology, and our customers," Tinfoil Security Co-Founder and CEO Ainsley Braun said in a statement. The company’s signature web scanning tool identifies vulnerabilities on web applications and is tightly integrated with DevOps workflows, according to Synopsys. Tinfoil Security was founded in 2011, employs 15 people, and has raised $100,000 in outside funding, according to LinkedIn and Crunchbase. Synopsys’ stock remained unchanged at $148.67 in after-hours trading Tuesday. Terms of the deal, which was announced Tuesday afternoon, weren’t immediately disclosed, though Synopsys said the transaction wouldn’t be material to its finances. "Through the acquisition of Tinfoil Security, Synopsys is expanding its DAST capabilities and adding API security testing capabilities, extending the most comprehensive portfolio of application security and quality testing solutions and further strengthening our technology leadership," Andreas Kuehlmann, co-general manager of the Synopsys Software Integrity Group, said in a statement. The Irvine, Calif.-based software giant said the acquisition of Mountain View, Calif.-based Tinfoil Security will address an emerging need in the market around Application Program Interface (API) scanning technology and further differentiate the Synopsys portfolio.
Synopsys has purchased emerging vendor Tinfoil Security to better integrate dynamic application security testing into development and DevOps workflows.