Fergie's Tech Blog

Tech Security Companies Are Hot Targets

An AP newswire article by Brian Bergstein, via PhysOrg.com, reports that:

Companies that specialize in computer security are being snapped up at a furious rate. The latest one is SPI Dynamics Inc., a privately held company based in Atlanta that Hewlett-Packard Co. said Tuesday it had bought for an undisclosed amount.

SPI's software scans Web sites and internal corporate programs for potential security holes. SPI's customers include the federal government and financial companies.

The deal comes two weeks after HP's biggest rival, IBM Corp., acquired Watchfire Corp. for more than $100 million. Watchfire is the top player in computer application security, while SPI is No. 2, Forrester Research analyst Chenxi Wang said.

posted by Fergie @ 6/19/2007 12:23:00 PM