Published on 21 Mar 2024 on Zacks via Yahoo Finance
GitLab GTLB is bolstering its robust DevSecOps platform with the recently-announced acquisition of a leading provider of cloud-native application security and risk management solutions, Oxeye.The acquisition underscores GitLab’s focus on enhancing its Static Application Security Testing (SAST) capabilities.Gitlab’s addition of Oxeye’s automated SAST solution to its offerings will enhance developers' and security professionals’ accuracy in identifying and resolving application-layer risks throughout the software development lifecycle.
GitLab’s Prospects Remain Strong
The latest move will help Gitlab address the strong demand for its AI-powered DevSecOps solutions.