Shares of Cigniti Technologies gained 2% on Thursday after the software company announced its partnership with Sonatype.
Cigniti Technologies, a global leader in independent quality engineering and software testing services, today announced a partnership with Sonatype, the company that scales DevOps through open source governance and software supply chain automation, to help enterprise customers innovate faster and easily mitigate security risk inherent in open source.
By partnering with Sonatype, Cigniti is able to offer its clients the powerful Nexus platform, in turn, enabling them to automatically enforce open source governance and control risk across every phase of the software development lifecycle (SDLC).
"As experts in continuous delivery, Cigniti has worked hard to help its customers implement a mature DevSec pipeline. As such, many of our global customers have inquired about software composition analysis to help protect their toolchains," said Pradeep Govindasamy, CTO & President at Cigniti Technologies."Partnering with Sonatype, who has the in-depth, precise intelligence around open source vulnerabilities, allows us to offer an ever-deeper sense of security to our customers. There is a clear synergy between Sonatype and Cigniti to create a successful partnership," Govindasamy said.
"Sonatype has been working with global enterprise customers for over a decade to identify and mitigate millions of security vulnerabilities and protect their software supply chains," said Wai Man Yau, General Manager International, Sonatype. "Through our partnership with Cigniti, we'll be able to further enhance DevSecOps in new regions, providing customers with the continued automated security features they need to build secure software."
Shares of Cigniti Technologies are trading at Rs 390.95, up Rs 8, or 2.09% at the Bombay Stock Exchange (BSE) on Thursday at 11:35 a.m.
The scrip has touched an intra-day high of Rs 396 and low of Rs 387. The total volume of shares traded at the BSE is 3,056.In the earlier session, the shares lost 1.05%, or Rs 4.05, at Rs 382.95.
Currently, the stock is trading down 22.74% from its 52-week high of Rs 506 and above 123.27% over the 52-week low of Rs 175.10.
