Just a couple of months after rumors began that Dell, majority shareholder of Secureworks and its owner for more than a decade, it was considering its saleit has been confirmed its change of hands. Its new owner will be Sophoswho has confirmed that he is going to stay with her for 859 million dollars. The operation, which will be carried out in cash, is backed by the Thoma Bravo fund.
Sophos hopes to integrate its security solutions with those of Secureworks to form a broader security portfolio designed for companies of any size, both SMEs and large companies. Sophos has experience as a provider of managed security services and end-to-end security products. As for Secureworks, its Taegis platform offers advanced MDR and XDR security solutions that complement those of Sophos to some extent.
Thus, Sophos will expand its service portfolio with identity detection and response services, SIEM functions, operational technology security and improved vulnerability risk prioritization. With these new features and improvements, Sophos will be able to expand its presence in the business market, especially in the channel and in areas related to security.
Joe Levy, CEO of Sophoshighlighted about the operation that «Secureworks offers an innovative and market-leading solution with its Taegis XDR platform. Combined with our industry-leading MDR security solutions, we will strengthen our collective market position and deliver better results, globally, for businesses of all sizes.. Secureworks’ renowned expertise in cybersecurity aligns perfectly with our mission to protect businesses from cybercrime by offering powerful and intuitive products and services. This acquisition represents an important step forward in our commitment to building a safer digital future for all.”.
For its part, Wendy Thomas, CEO de Secureworkshas stressed that «Sophos’ portfolio of leading endpoint, cloud and network security solutions, combined with our managed detection and response services, powered by XDR, is exactly what enterprises are looking for to strengthen their security posture and fight the adversary.”. Furthermore, he predicted that “This transaction will strengthen our go-to-market offering with Sophos’ global scale, expertise and reputation.”.