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

In 2022 it spent $6.9 billion on Texan identity and access management biz SailPoint and a year earlier coughed up $12.3 billion for email security firm Proofpoint. The fund managers bought Sophos itself for over $3 billion in 2020 and reports it has around $50 billion in current cybersecurity assets. ®

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.