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IDA Professional Proprietor Hex-Rays Acquired by European VC Agency

By Ryan Naraine on October 18, 2022

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European enterprise capital and personal fairness agency Smartfin on Tuesday introduced a deal to amass Hex-Rays, the Belgian firm behind the extensively deployed IDA Professional software program disassembler.

Monetary phrases of the acquisition weren’t launched however Smartfin stated IDA Professional creator Ilfak Guilfanov joined a consortium of traders placing money again into the restructured firm.

Hex-Rays, based mostly in Liège, Belgium,  was based in 2005 by Guilfanov with reverse engineering energy software IDA Professional as its flagship product. 

IDA Professional is utilized by cybersecurity professionals to successfully translate a software program’s binary code (consisting of ones and zeros) right into a human readable textual content (an approximation of the software program’s precise supply code), to disclose and perceive its authentic design, structure, and logic. 

[ READ: NSA Makes Reverse Engineering Tool Freely Available ]

The corporate stated the primary software program use circumstances are IT safety audits, inside stress testing, bug bounty packages, investigating new virus samples and validating safety issues.

Following the acquisition, Hex-Rays plans to increase operations and pace up automation and simplification of its software program merchandise.

“This partnership is a vital milestone and opens new horizons for Hex-Rays,” Guilfanov stated in a observe saying the acquisition.

“[This allows] Hex-Rays to additional professionalize its group and speed up its product innovation efforts, as a method to collectively unlock the quite a few worldwide development paths we’ve recognized up to now,” he added.

Associated: NSA Makes Reverse Engineering Instrument Freely Out there 

Associated: IDA Developer Hex-Rays Falls Sufferer to Focused Assault

Associated: BlackBerry Releases Open Supply Reverse Engineering Instrument

Associated: Google’s Binary Comparability Instrument “BinDiff” Out there for Free

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