SPI Dynamics Acquired by HP

SPI Dynamics Acquired by HP

June 22, 2007: HP has decided to further solidify its application quality management credentials, announcing that it has signed an agreement to acquire web allocation security assessment firm SPO Dynamics.

The firm already integrates SPI’s technology in its HP Quality Center software, which enables security vulnerabilities across the lifecycle of web applications to be identified and assessed, ensuring that systems such as commercial websites or financial and supply chains function without interruption - performance or otherwise.

HP says its customers can also use SPI Dynamics software to validate application security and quality after deployment in order to meet auditing and compliance requirements.

“The number of vulnerabilities to business-critical applications has gone up exponentially with the rise of web-based applications,” said Jonathan Rende, vice president of products, Quality Management Software, Software at HP.

“HP Software provides solutions that ensure that business applications run well. Now with the addition of SPI Dynamics, we can make sure it is also secure.”

Financial terms of the deal were not disclosed.

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