Sophos, a cyber security company, has announced an agreement to acquire Secureworks, another cyber security company, for a whopping 859 million dollars, paid entirely in cash. Currently, Sophos is owned by the technology investment company Thoma Bravo, while Secureworks is a publicly traded company with Dell Technologies as its major shareholder.
Both Sophos and Secureworks offer cutting-edge products in cyber threat detection, including Managed Detection and Response (MDR) and Extended Detection and Response (XDR). The merger of these two companies will enhance the strengths of their products even further.
TLDR: Sophos acquires Secureworks for 859 million dollars in cash. Their merger will bolster their cyber threat detection capabilities.
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