Dell to buy SonicWALL, network security provider

Mar 13, 2012

(AP) -- Computer maker Dell Inc. said Tuesday that it agreed to buy network and data security provider SonicWALL Inc. for an undisclosed sum.

Round Rock, Texas-based Dell said that SonicWALL's lineup of firewalls complements its security solutions portfolio and broadens its product lineup.

The company has more than 130 patents, registered and pending, and develops its own . More than 300,000 customers use SonicWALL products, including firewalls and secure remote access, along with email security, backup and recovery, Dell said.

SonicWALL was founded in 1991 and is based in San Jose, Calif. Its 950 workers are expected to join Dell, the company said.

The deal, which is subject to customary closing conditions, was approved by the boards of both companies. It's expected to close in the second quarter of Dell's fiscal year 2013.

Dell's stock rose 11 cents to $17.07 in morning trading Tuesday.

Explore further: US companies increasingly fish for growth overseas

not rated yet
add to favorites email to friend print save as pdf

Related Stories

Dell buying US datacenter networking firm

Jul 20, 2011

US computer maker Dell on Wednesday announced a deal to buy high-performance datacenter networking firm Force10 in a move aimed at broadening offerings for businesses.

Dell's 2Q comes amid PC strife

Aug 12, 2011

(AP) -- Dell Inc.'s latest earnings come at a difficult time for the PC industry. Consumer demand is sagging, as tablets and smartphones steal market share. The Round Rock, Texas-based company's fiscal second quarter results, ...

Recommended for you

Amazon launches 3D printing store

10 hours ago

Amazon announced Monday the launch of an online store for 3D printed items to allow consumers to customize and personalize items like earrings, pendants, dolls and other objects.

Samsung delays Tizen smartphone sales launch

14 hours ago

Samsung Electronics said Monday it would postpone the roll-out of its new smartphone based on Tizen, a home-grown operating system aimed at breaking away from Google's Android system.

Chinese portal Sohu reports $45 million loss

17 hours ago

(AP)—Sohu.com Inc., operator of a popular Chinese Internet portal, said Monday it lost $45 million in the latest quarter while revenue rose 18 percent to $400 million.

User comments : 0