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Clearlake and Francisco Partners Complete Acquisition of Black Duck Software

Oct 01, 2024•10 months ago

Contract Type

partnership

BurlingtonSoftware

Description

Clearlake Capital Group and Francisco Partners have completed the acquisition of the Synopsys Software Integrity Group, establishing Black Duck Software, Inc. The transaction valued at up to $2.1 billion includes up to $475 million in cash payable.

Company Information

Company

Black Duck

Location

Burlington, Massachusetts, United States

About

Black Duck®, formerly known as the Synopsys Software Integrity Group, offers the most comprehensive, powerful, and trusted portfolio of application security solutions in the industry. We have an unmatched track record of helping organizations around the world secure their software quickly, integrate security efficiently in their development environments, and safely innovate with new technologies. As the recognized leaders, experts, and innovators in software security, Black Duck has everything you need to build trust in your software.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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