Dell To Acquire SonicWall, Pending Regulatory Approval
Dell is acquiring security company and firewall-builder SonicWall. Dell says the company’s next-gen and Unified Threat Management (UTM) firewalls will help it bolster its security solutions portfolio.
“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,” says John Swainson, President of Dell’s Software Group. “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,” he adds.
SonicWall CEO Matt Medeiros says, “Dell’s distribution, reach and brand are well-recognized 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. Additionally, SonicWall is recognized as a leading security solutions provider for small and medium businesses through our UTM solutions. Dell’s phenomenal breadth and reach into small and midsize companies provides a significant opportunity to expand our customer base.”
The deal has already been approved by the boards of both companies. Terms of the deal were not disclosed.
Dell has placed a lot of emphasis on enterprise customers early this year, after dropping out of the US Tablet market in December. Just last week, the company introduced seven new rack and tower services.
In February, Dell reported record fourth quarter revenues.