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Date: 18-05-14

Coverity acquires cloud software company Kalistick

Coverity, subsidiary of EDA company Synopsys has completed the acquisition of cloud-based software solutions Kalistick. By acquiring Kalistick, Coverity said it will help build tighter collaboration between Development and QA teams, enabling faster time-to-market, reduced software development costs and higher end-product quality.

Coverity also said Kalistick acquisition will enable it to provide customers with a comprehensive solution that allows them to focus test development and test execution on the most critical parts of their code, regardless of whether the testing is done in Development or QA,

The terms of the deal, which is not material to Synopsys financials, have not been disclosed.

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