Smartfin acquires Hex-Rays
Hex-Rays, a Belgian cybersecurity company that develops advanced reverse engineering software solutions, has been acquired by a consortium of investors led by Smartfin, a leading European venture capital and private equity investor, and including co-investors SFPIM and SRIW. Ilfak Guilfanov, the founder of Hex-Rays and architect of the technology platform, also reinvests a substantial amount in the new structure.
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https://smartfinvc.com/news/smartfin-acquires-leading-cybersecurity-software-provider-hex-rays-together-with-sfpim-and-sriw/ |
Saw this one coming after seeing posts here recently about them dropping the subscription model and returning to the older license scheme. Forgot to do proper market research I suppose.
DataRescue -> Hex-Rays -> SmartFin. New name, same product, no worries |
IMHO, Ilfak saw his/their future. Ghidra is open source and provides a bunch of decompilers. Binary Ninja is growing in front of our eyes and it is dazzling. Also BN has a community who tries to develop more accurate disassembler/decompiler. On the contrary hexrays is a complete closed box.
I say, Ilfak made a good+right move for himself. I really wonder what is next; by means of "are they going to reduce the price of IDA Pro"? |
IDA RIP (soon)
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I hate corporate take overs, they always fuck good things up...
IBM -> CentOS (or anything taken over by IBM..) Compuware -> SoftIce Norton -> X-Tree ..etc |
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https://community.bmc.com/s/article/How-to-download-and-install-Compuware-products-and-cumulative-maintenance |
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it's like all companies,once you rich enough,you sell them and then can get again onto another business,check whatsapp,sold for billion dollars.
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I think Ilfak foresaw the future of IDA Pro and the ever-shrinking market of his tool with newly released tools like BinaryNinja and Ghidra that offer remarkable results at less price/0 price and a comparable active community that actively try to extend/enhance these products.
It was just a matter of time before something emerged to challenge the monopoly of IDA Pro, and when it happened, the Hex-Rays team tried and failed to fight for their seat at the top. They released a better free version and tried subscription models to offer cheaper prices, but that was too late, active IDA Pro community members already migrated to these tools. Ilfak try to leave a sinking ship, But I hope the new company doesn't try to milk IDA Pro position by making it cloud service and fuck the regular users. |
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