공시 • Nov 21
SecureWorks Corp. to Report Q3, 2025 Results on Dec 04, 2024 SecureWorks Corp. announced that they will report Q3, 2025 results Pre-Market on Dec 04, 2024 공시 • Oct 23
Sophos, Inc. entered into a definitive agreement to acquire SecureWorks Corp. (NasdaqGS:SCWX) from Dell Technologies Inc. (NYSE:DELL) and others for approximately $870 million. Sophos, Inc. entered into a definitive agreement to acquire SecureWorks Corp. (NasdaqGS:SCWX) from Dell Technologies Inc. (NYSE:DELL) and others for approximately $870 million on October 21, 2024. Under the terms of the agreement, Sophos intends to acquire SecureWorks in an all-cash transaction. SecureWorks shareholders will receive $8.50 per share in cash. In case of termination of the transaction under certain circumstances, SecureWorks will be required to pay Sophos a termination fee of $26,000,000. Sophos will be required to pay SecureWorks a termination fee of $52,000,000 under certain circumstances.
Consummation of the transaction is subject to certain customary conditions, including, but not limited to (i) SecureWorks receiving the Written Consent (which has been satisfied), and (ii) (a) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended and (b) the clearance or approval under certain specified antitrust laws and foreign investment laws. The board of directors of SecureWorks has unanimously approved the transaction. The board of directors of Sophos also approved the transaction. Dell Technologies Inc. approved the transaction by a written consent. The transaction is expected to close in early 2025.
Bradley C. Reed and Steven A. Page, Aaron H. Lorber, Amber Harezlak, Brian Ford, Daniel K. Zach, Jack Coles and Matthew Sinclair-Thomson of Kirkland & Ellis LLP are acting as legal counsel to Sophos and Goldman Sachs & Co. LLC., Barclays, BofA Securities, HSBC Securities (USA) Inc. and UBS Investment Bank are acting as financial advisors and providing debt financing for the transaction. Piper Sandler & Company and Morgan Stanley & Co. LLC are acting as financial advisors to Secureworks and Scott A. Barshay and Laura C. Turano, Dotun Obadina, John Kennedy, Patricia Vaz de Almeida, Bruce Gruder, Jason Tyler, Nathan Mitchell, Jarrett Hoffman, Sasha Belinkie, Jonathan Ashtor, Matthew Rosenberg and Brian Krause of Paul, Weiss, Rifkind, Wharton & Garrison LLP are acting as legal counsel. Wells Fargo Corporate & Investment Banking acted as financial advisor to SecureWorks. The board of directors of SecureWorks received a fairness opinion from Piper Sandler & Co. and Morgan Stanley & Co. LLC. Reported Earnings • Sep 06
Second quarter 2025 earnings released: US$0.17 loss per share (vs US$0.38 loss in 2Q 2024) Second quarter 2025 results: US$0.17 loss per share (improved from US$0.38 loss in 2Q 2024). Revenue: US$82.2m (down 12% from 2Q 2024). Net loss: US$14.7m (loss narrowed 55% from 2Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 25% per year. 공시 • Aug 31
Dell Reportedly Trying Again to Sell Cybersecurity Firm SecureWorks Dell Technologies Inc. (NYSE:DELL) is again exploring a possible sale of SecureWorks Corp. (NasdaqGS:SCWX), after unsuccessful earlier attempts to find a buyer for the U.S. cybersecurity firm, according to people familiar with the matter. Round Rock, Texas-based Dell, founded by CEO Michael Dell, has tapped investment bankers at Morgan Stanley and Piper Sandler to gauge takeover interest from potential acquirers, which include private equity firms, the sources said, requesting anonymity as the discussions are confidential. A deal for SecureWorks, which has a market value of about $800 million, is not guaranteed and Dell could choose to maintain ownership of the company, the sources added. SecureWorks shares jumped as much as 34% following the exclusive Reuters report, then pared gains. Dell, which has shed many non-core assets in recent years, owns 79.2% of SecureWorks by holding all of the company's class B shares, according to recent filings. It also controls 97.4% of the company's voting stock through the dual class shares. Dell explored a sale of SecureWorks in 2019, part of an effort to trim the computer maker's debt pile, Reuters reported at the time. Atlanta, Georgia-based SecureWorks, which was founded in 1998, offers security services that aim to protect corporations from cyberattacks. The company's cloud-based platform Taegis helps detect advanced threats, according to its website. A SecureWorks spokesperson declined to comment on the sale process, adding that the company was "focused on serving our stakeholders and advancing our mission to secure human progress with Taegis." Dell and Piper Sandler declined to comment, while Morgan Stanley did not respond to requests for comment. Dell acquired SecureWorks for $612 million in 2011, before listing its shares through an initial public offering in New York in 2016. 공시 • Aug 16
SecureWorks Corp. to Report Q2, 2025 Results on Sep 05, 2024 SecureWorks Corp. announced that they will report Q2, 2025 results Pre-Market on Sep 05, 2024 
