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Dell to acquire SonicWALL

March 2012

 

One of the worlds largest personal computer makers, Dell Inc, has said it would buy SonicWall, a maker of firewall, email protection and recovery products, from investor group Thoma Bravo, to expand its security software business.
Financial terms of the deal have not been disclosed.
SonicWall was a public company until 2010, when it got acquired by an investor group led by Thoma Bravo for $717 million.
"During our ownership of the company, their implementation of our operational strategies resulted in a significant increase in SonicWalls' value," Thoma Bravo managing partner Orlando Bravo said in a statement Dell shares were up 14 cents at $17.10 in morning trade on Tuesday on the Nasdaq.
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."
Vinny Booth, Director at Solved.IT said "This acquisition opens many opportunities for Solved.IT who are an existing Dell and SonicWALL Partner.  as one of the few partners who integrate these products tightly we are looking forward to increased exposure in the enterprise market.  Current customers include major retail outlets, premiership football teams, government, education, transport, financial and legal sectors"

One of the worlds largest personal computer makers, Dell Inc, has said it would buy SonicWall, a maker of firewall, email protection and recovery products, from investor group Thoma Bravo, to expand its security software business.

Financial terms of the deal have not been disclosed.

SonicWall was a public company until 2010, when it got acquired by an investor group led by Thoma Bravo for $717 million.

"During our ownership of the company, their implementation of our operational strategies resulted in a significant increase in SonicWalls' value," Thoma Bravo managing partner Orlando Bravo said in a statement Dell shares were up 14 cents at $17.10 in morning trade on Tuesday on the Nasdaq.

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."

Vinny Booth, Director at Solved.IT said "This acquisition opens many opportunities for Solved.IT who are an existing Dell and SonicWALL Partner.  as one of the few partners who integrate these products tightly we are looking forward to increased exposure in the enterprise market.  Current customers include major retail outlets, premiership football teams, government, education, transport, financial and legal sectors"