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Dell, SecureWorks Agree to Merge

January 04, 2011 - News

Dell has signed an agreement to acquire SecureWorks Inc., a provider of information-security services. SecureWorks’ Security-as-a-Service solutions include Managed-Security Services, Security and Risk Consulting Services and Threat Intelligence. Dell says the acquisition expands its global IT-as-a-Service offerings and information security expertise.

SecureWorks says its security services reduce risk, improve regulatory compliance and lower costs of managing IT security. The company’s proprietary threat-management platform is scalable and integrates easily with client environments. SecureWorks’ Counter Threat Unit research team helps protect clients across multiple industries from ever-changing global IT threats.

SecureWorks processes more than 13 billion security events and sees more than 30,000 malware specimens each day. The company has more than 1,500 banks and credit unions as managed-security services clients and is protecting trillions of dollars in financial assets.

Dell says this acquisition is its latest strategic investment as it expands its portfolio of enterprise-class IT-as-a-Service solutions. Building its capabilities as a Managed Security Services Provider (MSSP) is an important next step in Dell’s strategy to help clients drive better efficiency across the enterprise and simplify the management of IT infrastructure.

“The frequency and sophistication of attacks on technology infrastructure and malicious attempts to access data, requires reliable, capable and innovative information security," said Peter Altabef, president, Dell Services. “SecureWorks is a recognized industry leader in information security services and its offerings and expertise will immediately enhance our solutions portfolio. We look forward to welcoming SecureWorks team members – who bring their passion and dedication to serving clients with best-in-class security services – to Dell and our clients."

Founded in 1999, SecureWorks is headquartered in Atlanta, and serves thousands of clients in 70 countries, including more than 15 percent of the Fortune 500. The company has approximately 700 employees and projects Fiscal Year 2010 revenue of more than $120 million.

The deal is expected to close in early 2011. Dell plans to maintain SecureWorks’ current operations and continue to make investments in enhanced security offerings. Terms of the acquisition were not disclosed.

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