Salesforce is set to exit cybersecurity software producer Checkmarx after Hellman & Friedman agreed to buy a majority share at a $1.15bn valuation.

Private equity firm Hellman & Friedman has agreed to acquire a majority stake in Checkmarx, a US-based software security technology provider backed by enterprise software provider Salesforce, at a $1.15bn valuation. Founded in 2006, Checkmarx has developed a platform that reduces and fixed vulnerabilities in software applications during development process. It can be deployed on…

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