Saturday, July 24, 2021

Dell to Buy IT Security Company SonicWall

The Wall Street Journal: Dell has announced that it will purchase SonicWall, an IT security vendor that sells products like firewalls, secure remote access, email protection, and backup and recovery. Although the companies did not disclose the terms of the deal, analysts estimate that Dell paid between $1 billion and $1.5 billion for the firm; in 2010 SonicWall went private for $717 million.

Dell, the world’s third largest PC manufacturer, has been responding to the increasingly uncertain PC market by emphasizing software and services over hardware. According to Dell’s John Swainson, the SonicWall acquisition will help the company build its software portfolio and provide Dell with “unique intellectual-property resources and technology.”

Similar articles

Latest Articles

Data Science Market Trends...

When famed mathematician John W. Tukey postulated that advanced computing would have a profound effect on data analysis, he probably didn’t imagine the full...

Data Recovery Market Trends...

Data recovery is more important than ever in this era of constant cyber attacks and ransomware. The Verizon Data Breach Investigations Report (DBIR) looked...

Trends in Data Visualization

In a world of big data, visualization is becoming a key skill set that every business must master.  Digital technology has transformed the way businesses...

Microsoft Data Portfolio Review

With a host of analytics services for almost any situation, Microsoft Azure’s data services have got just about every base covered.   In the world...