Innovation & Quality

QUOTIUM TECHNOLOGIES to sell its Application and Data Security Solutions to SYNOPSYS

Quotium Technologies (NYSE Euronext: QTE) has signed with Synopsys, Inc. (Nasdaq: SNPS) an agreement to sell all its assets related to its application and data security technologies including Seeker® software products.

Quotium is the creator of the IAST (Interactive Application Security Testing) technology. Integrated in the software development cycle, Seeker allows organizations to dynamically secure business applications.

Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP, and is a leader in software quality and security testing with its Coverity® platform solutions.

The transaction is subject to customary closing conditions.