Dell today announced that it has completed its acquisition of IT security vendor SonicWALL, adding several components to the company’s security software and services portfolio.
In a deal that was announced on March 13 of this year, while the terms were not publicly disclosed, Dell reportedly paid $1.2 billion to acquired SonicWALL.
In June 2010, an investor group led by Thoma Bravo, LLC and the Ontario Teachers' Pension Plan Teachers' Private Capital made a move to acquire SonicWALL and take the company private a transaction valued at approximately $717 million.
"The acquisition of SonicWALL gives Dell immediate access to network security and secure remote access solutions that align well with Dell’s strategic objectives in both the SMB and enterprise markets. This will allow Dell to significantly expand its concept of secure networking and offering its customers solutions to cover a broad range of deployment scenarios," said Scott Crawford, research director at Enterprise Management Associates. "
Dell says that customers and channel partners will benefit from its expanded security solutions portfolio, which now includes security services, cloud security solutions, data encryption solutions and vulnerability and patch management.
“Customers who are looking for simplified and comprehensive security solutions will benefit from the addition of SonicWALL to our software portfolio,” said John Swainson, president, Dell Software Group. “The combination of SonicWALL with Dell’s existing security offerings and broad market reach will help customers securely manage their data, securely manage consumer devices being brought into their enterprise, and securely expand their applications to the cloud.”