Sophos to Acquire Secureworks for $859m to Accelerate Cybersecurity Services

Emma Okonji

Sophos and Secureworks, two global leaders of innovative security solutions for defeating cyberattacks, have agreed for Sophos to acquire Secureworks, that will enable it accelerate its global cybersecurity services. 

The all-cash transaction is valued at approximately $859 million, and Sophos is backed by Thoma Bravo, a leading software investment firm. 

Sophos’ experience and reputation as a leading provider of managed security services and end-to-end security products, combined with Secureworks’ security operations expertise transformed into the Taegis platform, is expected to further deliver complementary advanced MDR and XDR solutions for the benefit of their global customer bases.

Speaking about the acquisition, CEO of Sophos, Joe Levy, said: “Secureworks offers an innovative, market-leading solution with their Taegis XDR platform. Combined with our security solutions and industry leadership in MDR, we will strengthen our collective position in the market and provide better outcomes for organisations of all sizes globally.

“Secureworks’ renowned expertise in cybersecurity perfectly aligns with our mission to protect businesses from cybercrime by delivering powerful and intuitive products and services. This acquisition represents a significant step forward in our commitment to building a safer digital future for all.”

CEO, Secureworks, Wendy Thomas, said: “Our mission at Secureworks has always been to secure human progress. Sophos’ portfolio of leading endpoint, cloud, and network security solutions – in combination with our XDR-powered managed detection and response – is exactly what organizations are looking for to strengthen their security posture and collectively turn the tide against the adversary.

“As Joe and I both believe, this transaction will strengthen our go-to-market offering with Sophos’ global scale, expertise and reputation.”