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From the January 26, 2011 issue of Credit Union Times Magazine • Subscribe!

Dell to Buy SecureWorks

Dell said it plans to buy SecureWorks Inc., an Atlanta-based provider of information security services to several hundred credit unions, the companies said.

The Round Rock, Texas, computer giant said it plans to "maintain SecureWorks' current operations and continue to make investments in enhanced security offerings."

SecureWorks has more than 2,900 clients worldwide, including more than 1,500 banks and credit unions, and provides managed security, consulting and threat intelligence services.

The acquisition is expected to close early this year and will expand Dell's global ability to provide managed IT service and security offerings, the company said. It did not announce terms.

"The frequency and sophistication of attacks on technology infrastructure and malicious attempts to access data, requires reliable, capable and innovative information security," said Peter Altabef, president of Dell Services. "We look forward to welcoming SecureWorks team members-who bring their passion and dedication to serving clients with best-in-class security services-to Dell and our clients."

Michael Cote, chairman/CEO of 10-year-old SecureWorks, said, "Dell's global scale and relationships with clients provides a tremendous opportunity to rapidly expand SecureWorks' business. I am confident that SecureWorks will flourish as part of the Dell Services organization and that our clients will continue to be well-served and well-protected by the services on which they rely."

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