Sophos Acquires Secureworks for $859 Million to Enhance Cybersecurity Offerings

The acquisition aims to expand Sophos' reach into larger markets with Secureworks' advanced threat detection platform.

Sophos, backed by private equity firm Thoma Bravo, announced the purchase of Secureworks from Dell Technologies for $859 million.
The deal offers Secureworks shareholders, including Dell, $8.50 per share, which is a 28% premium on its current stock price.
Sophos plans to integrate Secureworks' Taegis platform to bolster its Managed Detection and Response (MDR) and Extended Detection and Response (XDR) capabilities.
Secureworks, known for its cloud-based threat detection, has struggled against larger cybersecurity firms but will now enhance Sophos' enterprise customer base.
The acquisition is expected to close in early 2025, pending regulatory approval, with both companies continuing to operate independently until then.