Sophos has reached an agreement to acquire Secureworks for approximately $859m, creating a broader and stronger security portfolio benefitting small, mid- and enterprise customers.
This includes expanding its current portfolio with identity detection and response (ITDR), next-gen SIEM capabilities, operational technology (OT) security, and enhanced vulnerability risk prioritisation.
By combining complementary AI-driven security platforms, the organisations can deliver solutions for defeating persistent adversaries faster.
The deal also enables Sophos to expand its market presence, boost value, and strengthen the overall security community.
“Secureworks’ Taegis XDR platform combined with our security solutions in MDR will strengthen our collective position in the market,” said Joe Levy, CEO of Sophos.
“This acquisition represents a significant step forward in our commitment to building a safer digital future for all.”
Sophos is backed by Thoma Bravo, a leading software investment firm. Secureworks shareholders, including Dell Technologies, will receive $8.50 per share in cash. The transaction is expected to close in early 2025.