The application security testing firm Checkmarx was acquired in a $1.15 billion deal by the private equity firm Hellman & Friedman.
The company had been owned by Insight Partners, also a private equity firm, which plans to retain a substantial interest in Checkmarx. The company believes the deal will help keep it on a growth path.
Checkmarx was founded in 2006 Benzaquen and Maty Siman, Founder and CTO, and has more than 700 employees.
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