Security solutions providers Sophos and Secureworks announced an agreement for Sophos to acquire Secureworks in an all-cash transaction valued at approximately $859 million. Sophos is backed by Thoma Bravo, a software investment firm.

Thoma Bravo-backed cybersecurity firm Sophos has announced its acquisition of Secureworks, a cybersecurity service provider, for approximately $859 million to

Sophos is acquiring Secureworks in a deal valued at $859 million, aiming to integrate its managed security services with Secureworks' Taegis XDR platform. This

Sophos plans to combine Secureworks technology including XDR following its acquisition of the cybersecurity vendor.

With the deal, the companies aim to fortify the resilience and security posture of companies around the world.

Sophos, an IT security service company, has agreed to acquire Secureworks, another IT security service provider, in an attempt to accelerate cybersecurity services and technology for global enterprises.

Transaction combines experience, products, and services to improve the resilience and security posture of businesses, especially SMEs.

Private equity giant Thoma Bravo adds another trophy to its growing collection British security biz Sophos has announced a plan to gobble up competitor Secureworks in an $859 million deal that will make Dell happy.