Dell on Tuesday inked a deal to acquire security firm SecureWorks. The acquisition expands Dell’s IT-as-a-service offering for the financial-services industry. Terms of the deal were not disclosed.
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SecureWorks is best known for its managed security services, security and risk consulting, and threat intelligence. The firm counts Fortune Global 500 companies, midsize businesses, financial services, utilities, health care, retail and manufacturing companies among its clients.
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In announcing the acquisition, Peter Altabef, president of Dell Services, said the frequency and sophistication of technology attacks and attempts to access data require reliable, capable and innovative information security.
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SecureWorks is a recognized industry leader in information security services, and its offerings and expertise will immediately enhance our solutions portfolio, Altabef said. We look forward to welcoming SecureWorks team members — who bring their passion and dedication to serving clients with best-in-class security services — to Dell and our clients.
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Anatomy of SecureWorks
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SecureWorks clients rely on its technology to reduce risk, improve regulatory compliance, and lower costs of managing IT security. The company’s proprietary threat-management platform is scalable and integrates with client environments. And its counterthreat research team works to help protect clients across multiple industries from global IT threats.
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SecureWorks processes more than 13 billion security events and sees more than 30,000 malware specimens each day. The company has more than 1,500 banks and credit unions as managed security clients and is protecting trillions of dollars in financial assets.
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Dell’s global scale and relationships with clients provides a tremendous opportunity to rapidly expand SecureWorks’ business, said Michael Cote, CEO and chairman of SecureWorks. With Dell’s commitment to our clients, our team and our market, I am confident that SecureWorks will flourish as part of the Dell Services organization and that our clients will continue to be well-served and well-protected by the services on which they rely.
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A Lucrative Niche
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