Dell Technologies explores potential sale of cybersecurity firm SecureWorks, acquired in 2011.

Dell Technologies is exploring a potential sale of its cybersecurity firm SecureWorks, which it acquired in 2011. Dell has enlisted Morgan Stanley and Piper Sandler to gauge interest from potential acquirers, including private equity firms. A deal is not guaranteed, and Dell may decide to maintain ownership of the company, which offers security services to protect corporations from cyberattacks. In 2019, Dell considered selling SecureWorks to help reduce its debt. The company's shares have lost over two-thirds of their value from their peak in September 2021.

August 29, 2024
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