PALO ALTO, California (
is buying privately-held
in an attempt to bolster its application security story.
The computer and server maker, which
reports its third-quarter results later this week
, is acquiring the application security specialist for an undisclosed fee.
In a statement, HP explained that upon the deal's closure, Fortify will initially operate as a standalone business targeting the security space. Over time, however, the company will be integrated into HP's aoftware and solutions business. Fortify's products will eventually become part of HP's applications for business technology optimization.
The likes of
( MFE) have much greater visibility in the security market than HP, although the hardware giant is attempting to ramp up its security story.
Security expertise has already been
, particularly at a time when tech firms are looking to offer a bundle of systems, security and services.
have also been touted as potential acquisition targets.
HP is not the only company on a security tear. Rival
recently opened its wallet,
PC security specialist
Shares of HP, which recently parted company with CEO Mark Hurd, rose 36 cents, or 0.89%, to $40.90 in pre-market trading.
-- Reported by James Rogers in New York
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