Thoma Bravo-owned Sophos to acquire Secureworks for $859M

Sophos said it plans to integrate Secureworks' products into a broader portfolio that serves both large enterprises and small and medium-sized businesses.

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• Alexander Culafi, Senior News Writer

Sophos will acquire XDR vendor Secureworks for approximately $859 million in an all-cash deal, the companies announced Monday.

Sophos is a major player in the enterprise endpoint and network security space. In October 2019, private equity firm Thoma Bravo announced it would acquire Sophos for a cash offer of $3.9 billion. The deal was completed March 2, 2020. Secureworks, meanwhile, is best known for its Taegis XDR platform and was previously owned by Dell before going public in 2016. Last year, Secureworks CEO Wendy Thomas spoke with TechTarget Editorial at RSA Conference 2023 to discuss AI and the evolving detection and response landscape.

The acquisition, which is expected to close in early 2025, would enable Secureworks ...