Wednesday, May 9, 2012

Dell Completes SonicWall Buy

Round Rock-based Dell said this morning that it has completed its acquisition of SonicWALL, the developer of remote access, network security, backup, and other products. Financial terms of the acquisition have not been announced by the company. Dell said the buy will bolster its security software and services portfolio. Dell originally announced the deal to buy SonicWALL on March 13th. SonicWall was private equity backed by Thoma Bravo.