#cybersecurity | hacker | Checkmarx sold for $1.15 billion

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The applicationsecurity testing firm Checkmarx was acquired in a $1.15 billion deal by theprivate equity firm Hellman & Friedman.

The companyhad been owned by Insight Partners, also a private equity firm, which plans toretain a substantial interest in Checkmarx. The company believes the deal willhelp keep it on a growth path.

Checkmarxwas founded in 2006 Benzaquen and Maty Siman, Founder and CTO, and has more than700 employees.

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Mergers & Acquisitions

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