IT security was a hot area in 2010 and things are already heating up in the New Year. Today Dell (NASDAQ: DELL) announced it's purchased SecureWorks, the Atlanta-based security management firm that counts over 1,500 banks and credit unions among its customers.
The deal follows several big security acquisitions by tech firms in 2010. Just last month Juniper Networks (NYSE: JNPR) paid $95 million to acquire privately held Altor Networks, a provider of virtualization security technologies. The biggest of all the security deals in 2010 was Intel's (NASDAQ: INTC) $7.7 billion buy of McAfee. Other notable buys include, HP's $1.5 billion purchase of security-event management company ArcSight and the $1.28 billion Symantec (NASDAQ: SYMC) paid for Verisign's authentication services business.
eSecurity Planet has the details on Dell's plans for SecureWorks.
Dell's announcement today of a definitive agreement to acquire security firm SecureWorks builds on the company's plans to be a full-fledged "IT-as-a-Service" provider. SecureWorks, which has clients across a range of industries, including financial services, utilities, healthcare, retail and manufacturing, offers managed security, security and risk consulting and threat intelligence services.
Based in Atlanta, SecureWorks has approximately 700 employees and projects fiscal year 2010 revenue of more than $120 million.
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