Sophos and Secureworks® (NASDAQ: SCWX) have announced an agreement under which Sophos will acquire Secureworks for $859 million in cash. This merger will combine Sophos’ expertise in managed security services with Secureworks’ solutions based on the Taegis™ platform to enhance MDR and XDR offerings.
Both companies plan to integrate their solutions to improve protection for organizations worldwide, leveraging artificial intelligence, threat analytics, and decades of cybersecurity experience. Sophos also plans to expand its offerings by incorporating new technologies for operating systems, access protection, and vulnerability management.
This merger will help both companies strengthen their market position and increase value for customers and partners.
