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Ramat Gan-based cybersecurity company Checkmarx is set to be acquired by preeminent global equity firm Hellman & Friedman (H&F) in a high-profile deal valued at $1.15b., the largest ever acquisition of an application security company.

The company's previous owner, the global venture capital and private equity firm Insight Partners, will retain a minority stake in the company.

Founded in 2006, Checkmarx is a globally-recognized company that works with over 40 Fortune 100 businesses to mitigate risks, secure code and embed security in their software development. read the rest here

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