Dell plans to buy SonicWALL

By
Follow google news

Directors green-light deal

Dell has announced that it plans to acquire firewall vendor SonicWALL.


The acquisition will add firewalls and unified threat management systems to Dell's security solutions portfolio, which already includes managed security service provider Secureworks and patch management provider KACE.

The transaction has been approved by the board of directors of each company; additional terms of the transaction were not disclosed.

John Swainson, president of Dell Software Group, said: “We are building a strategic software portfolio to address the needs of our customers with key assets in the fast-growing and highly profitable IT security solutions business. Our customers see security as a key IT concern for the foreseeable future.

“SonicWALL gives Dell access to unique intellectual property resources and technology that position us well in fast-growing parts of the software security business.”

Matt Medeiros, president and CEO of SonicWALL, said "this transaction aligns well with Dell's mid-market design focus and allows us to accelerate growth of our flagship SuperMassive next-generation firewall solutions with large enterprise customers."

This article originally appeared at scmagazineuk.com

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © SC Magazine, US edition
Tags:

Most Read Articles

Labor bets on agency to monitor AI companies

Labor bets on agency to monitor AI companies

Australia, US and UK sanction Russian cyber firms over ransomware links

Australia, US and UK sanction Russian cyber firms over ransomware links

Startup finds flaws in popular VoIP products

Startup finds flaws in popular VoIP products

JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor's hack

JPMorgan, Citi, Morgan Stanley client data may be exposed by vendor's hack

Log In

  |  Forgot your password?