Sophos has completed its acquisition of Secureworks in an all-cash transaction valued at approximately $859 million, solidifying its position as a leading cybersecurity provider.
With the deal finalized, Secureworks’ common stock has been delisted from Nasdaq.
Sophos, backed by private equity firm Thoma Bravo, is now the leading pure-play cybersecurity provider of Managed Detection and Response (MDR) services, supporting over 28,000 organizations worldwide.
“The market is embracing MDR as a clear means to deliver positive cybersecurity outcomes, and this has meant rapid growth in the category,” said Joe Levy, CEO of Sophos.
He highlighted that Sophos’ expertise in ransomware detection, malware analysis, and threat intelligence—combined with Secureworks’ capabilities—will enhance its cybersecurity offerings.
The acquisition expands Sophos X-Ops’ threat intelligence division with the addition of the Secureworks Counter Threat Unit™, security operations, and advisory teams.
Sophos will now offer an expanded security operations platform with hundreds of built-in integrations to improve detection and response to cyber threats.
The combined platform is designed to help organizations, particularly those with diverse IT infrastructures, maximize cybersecurity investments while improving operational efficiency.
Sophos will also integrate Secureworks’ technology into its portfolio, adding identity threat detection and response (ITDR), next-generation security information and event management (SIEM), and managed risk services.
Levy emphasized that AI-driven cybersecurity remains a core strength of Sophos, with AI-powered defenses embedded across MDR, endpoint, network, email, and cloud security solutions.
“With the integration of Secureworks, our expanded services and product portfolio will provide even stronger end-to-end security solutions,” he said.
Sophos has reassured partners and customers that both companies will continue business operations as usual during the transition.
Existing channel partners, managed service providers (MSPs), and managed security services providers (MSSPs) will continue to distribute security services and technology under the current framework.
Both companies’ sales and customer experience teams will support existing customers, renew contracts, and explore new business opportunities.
Sophos currently protects more than 600,000 customers worldwide through its cybersecurity solutions, including MDR, endpoint, network, email, and cloud security, all integrated within the Sophos Central platform.
Under the acquisition agreement, Secureworks shareholders, including Dell Technologies, will receive $8.50 per share in cash.
This price represents a 28% premium to Secureworks’ unaffected 90-day volume-weighted average price (VWAP).
Legal and financial advisors involved in the deal include Kirkland & Ellis LLP, Goldman Sachs, Barclays, BofA Securities, HSBC Securities, and UBS Investment Bank for Sophos.
Piper Sandler & Company, Morgan Stanley, and Paul, Weiss, Rifkind, Wharton & Garrison LLP advised Secureworks.
The acquisition marks a strategic expansion for Sophos, reinforcing its leadership in MDR services and advanced cybersecurity solutions.
