SecureWorks provides clients with tools to manage information security threats and control access to local networks. The company’s threat management platform is scalable and integrates with the client’s computing environment. In addition, SecureWorks provides information security research services through its Counter Threat Unit research team.
The company has around 2900 clients in 70 countries. More than half of those clients are banks and credit unions, which manage trillions of dollars in financial assets.
Six months ago, SecureWorks announced that it was partnering with Dell to offer information security services to mid-sized businesses. Apparently the partnership blossomed into a corporate marriage.
“I am confident that SecureWorks will flourish as part of the Dell Services organization and that our clients will continue to be well-served and well-protected by the services on which they rely", said Michael Cote, chief executive of SecureWorks.
“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 of Dell Services. “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.”
The transaction is expected to close early this year. Dell said it plans to maintain SecureWorks’ current operations and continue to make investments in its information security offerings. Terms of the deal were not disclosed.
This is Dell’s second acquisition in as many months. In December, the computer giant announced the acquisition of InSite One, a provider of cloud-based data storage services to the health care industry.
Dell said these acquisitions are part of a strategy to expand its portfolio of enterprise-class IT-as-a-service products.
"Dell is working on transitioning their business model from being a tech provider to being a partner", Gleacher & Co. analyst Brian Marshall told the Wall Street Journal. "They don't want to be viewed as a distribution pipeline, so this series of transactions hopes to make them a better technology partner for customers."