Dell plans to buy SonicWALL
Dell has announced that it plans to acquire next-generation firewall vendor SonicWALL.
The acquisition will add next-generation 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: “Dell's distribution, reach and brand are well-recognised across the industry. 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."