European venture capital and private equity firm Smartfin on has announced a deal to acquire Hex-Rays, the Belgian company behind the widely deployed IDA Pro software disassembler.
Financial details of the acquisition were not disclosed, but according to Smartfin, Ilfak Guilfanov, the creator of IDA Pro, joined a group of investors who contributed money to the restructured business. Guilfanov established Hex-Rays, a company with headquarters in Liège, Belgium, in 2005. Its flagship product is the reverse engineering power tool IDA Pro.
Security experts use IDA Pro to efficiently convert a program’s binary code, which is made up of ones and zeros, into a textual form that can be read by humans and revealed as the program’s original architecture, logic, and design.