On the heels of IBM's acquisition of Watchfire, HP today announced it was buying SPI Dynamics, another application security bellwether, for an undisclosed amount.
The move signifies the growing convergence of the information security marketplace, especially in light of IBM’s pickup of Watchfire, which was SPI’s main competitor, analysts said today.
"We wanted to stake a claim in the fast-growing security space, and the best way to do that is to acquire a leader," Jonathan Rende, vice presidents of products at Palo Alto, Calif.-based HP, said today on a conference call.
I liked the name SPI Dynamics a lot better. So, how's it feel to (soon) work for HP Billy? :)
HP joins security convergence trend with SPI Dynamics buy