Synopsys grew its software integrity revenue to $465.8 million in its most recent fiscal year, up 18.3% from the year prior (see: Synopsys Extends Lead in Gartner MQ for App Security Testing). The original trade secret theft allegations involved Black Duck Security, which was bought by Synopsys for $547 million in 2017. Flashpoint declined an Information Security Media Group request for comment. Risk Based Security was acquired by Washington, D.C.-based Flashpoint in January 2022. "Absent proof sufficient to satisfy that part of the statutory definition of a 'trade secret,' RBS could not prevail in a misappropriation-of-trade-secrets claim, and the district court properly granted summary judgement to Synopsys." "RBS failed to put forward admissible evidence showing that the 75 alleged trade secrets had independent economic value," U.S. District Court for the Eastern District of Virginia ruled in Synopsys' favor, which prompted Risk Based Security to appeal. Court of Appeals for the 4th Circuit said the information that Silicon Valley-based Synopsys allegedly took doesn't meet the definition of a trade secret since Richmond, Virginia-based Risk Based Security failed to prove it "erives independent economic value" from keeping the data under wraps. See Also: Live Webinar | Reclaim Control over Your Secrets - The Secret Sauce to Secrets Security
A federal appeals court affirmed that Synopsys didn't steal any trade secrets from Risk Based Security by creating its own database of open-source code vulnerabilities.
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