Cigniti Technologies slumps despite announcing partnership with software leader Sonatype

Cigniti Technologies, a global leader in independent quality engineering & software testing services announced a partnership with Sonatype. The partnership aims to help enterprise customers innovate faster and easily mitigate the security risk inherent in the open-source.   

With the help of this partnership, the company will be able to provide its clients with the powerful Nexus platform, which will help them automatically enforce open-source governance and control risk-inherited in every phase of the software development lifecycle (SDLC). Nexus intelligence includes in-depth security, licence, and quality information on more than 100 million open-source components across dozens of ecosystems, which will help its users to identify the open-source risk and provide expert remediation guidance.  

President & CTO at Cigniti Technologies, Pradeep G expressed happiness and believes that the partnership with Sonatype will definitely enhance value to the firm.   

At the time of market close on Wednesday, the shares of Cigniti Technologies were trading at Rs 381, 1.55 per cent below its Tuesday’s close.