SAN FRANCISCO - GitLab Inc., known for its AI-powered DevSecOps platform, has announced the acquisition of Oxeye, a cloud-native application security provider. The move is set to bolster GitLab's Static Application Security Testing (SAST) capabilities and software composition analysis tools.
Oxeye is recognized for its automated security testing solutions that assist customers in pinpointing and addressing application-layer risks throughout the software development lifecycle. The integration of Oxeye's technology is expected to enhance GitLab's SAST scanning to reduce false positives and provide more accurate and actionable insights for developers and security professionals.
The acquisition aligns with GitLab's strategy to offer comprehensive security features and improve vulnerability management and remediation processes. The combined capabilities will support customers in building secure applications more efficiently.
GitLab's commitment to delivering top-tier performance to its customers was recently affirmed by Forrester, which named GitLab as the sole Leader in The Forrester Wave™: Integrated Software Delivery Platforms, Q2 2023. A customer quoted in the report praised GitLab's CI/CD experience and integrated security scans as unparalleled.
David DeSanto, GitLab's Chief Product Officer, expressed enthusiasm about the acquisition, emphasizing the shared vision of delivering value throughout the software development lifecycle. Dean Agron, co-founder and CEO of Oxeye, also shared his outlook, looking forward to the joint effort in aiding GitLab customers to minimize security and compliance risks.
GitLab serves over 30 million registered users, including more than half of the Fortune 100, by enabling them to increase developer productivity, enhance operational efficiency, and accelerate digital transformation. The financial specifics of the transaction were not disclosed.
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