Thursday, November 3, 2016

SonicWall walks out from Dell Software Group

Just few months after Dell's mega-billion dollar acquisition of EMC and its affiliate companies network security firm, SonicWall has officially spun out of Dell Technologies as an independent company, with private equity firm Francisco Partners and hedge fund Elliott Management completing the acquisition. SonicWall has named cybersecurity and networking veteran Bill Conner as its president and CEO.

“We are in the midst of a cybersecurity arms race,” said Conner. “As a standalone SonicWall brand, we can act even more deftly and quickly to serve channel partners and customers by offering products and services second to none,”he added.