Benzinga | Jun 29, 2021 07:29AM EDT

JFrog to Acquire Vdoo Connected Trust Ltd. For $300M In Cash And Stock

JFrog Ltd. ("JFrog") (NASDAQ:FROG), the liquid software company, today announced that it has entered into a definitive agreement to acquire Vdoo Connected Trust Ltd. ("Vdoo") in a cash and stock-based deal valued at approximately $300 million.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210629005601/en/

JFrog announces agreement to acquire Vdoo (Graphic: Business Wire)

JFrog has accelerated its efforts to provide an industry-leading security offering to support DevOps users as they respond to the disruption in the market for continuous software delivery. As part of the JFrog Platform, Vdoo will accelerate JFrog's vision of becoming the company behind all software updates and creating a world of Liquid Software by expanding its end-to-end DevOps Platform offering, providing holistic security from the development environment all the way to edges, IoT and devices.

Vdoo's world-class security experts and vulnerability researchers will join the JFrog team to continue to develop advanced security solutions for developers and security engineers. With years of extensive experience in software architecture and vulnerability research, reverse engineering, and binary code analysis, Vdoo's team and JFrog will seek to deliver a complete DevSecOps solution to secure the full software packages lifecycle.