SonicWall spun off from Dell Software Group
Vendor to focus on solving next generation of cybersecurity threats
Francisco Partners, a technology-focused private equity firm and Elliott Management have announced the completion of the acquisition of Dell Software Group and the spin off of SonicWall as an independent company.
SonicWall, known for its 25 years of innovation in the cybersecurity industry, protects more than a million customer networks worldwide.
"SonicWall is trusted by customers and channel partners in 40 countries worldwide," said Dipanjan "DJ" Deb, Francisco Partners' CEO.
Deb added that: "As we have worked closely with SonicWall in recent months, it has become even clearer to us how laser focused SonicWall is on innovating next-generation network security solutions to serve customers and partners. This acquisition will better enable SonicWall to continue their journey in delivering world class solutions to their large and dedicated base of customers and help them to defend against the explosive growth of new cybersecurity threats. "
The newly standalone SonicWall has named cybersecurity and networking industries veteran Bill Conner as its president and CEO.
Prior to taking on this role, Conner served as CEO of Silent Circle, CEO of Entrust, president of Data Networks and president of Enterprise Networks at Nortel Networks.
"If you look at the headlines about cybersecurity threats, 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. To protect customers against sophisticated cybersecurity threats, we are continuing our commitment to product innovation to serve our customers and invest in our partners who operate as an extension of the SonicWall team."
Conner added: "It's not only SonicWall's relationships with channel partners that has made the company a global leader-it's the company's continuous achievements in innovation. SonicWall customers' networks now are protected by one of the most advanced tools on the market, the cloud-based Capture Advanced Threat Protection Service."