Dell infosec unit SecureWorks given $1.42bn price tag in IPO

Dell's cyber security subsidiary SecureWorks has been valued at up to $1.42bn ahead of an initial public offering. SecureWorks filed to go public in December 2015. The S-1 form placed with the United States Securities and Exchange Commission (SEC) at the time offered a $100m placeholder figure before the valuation, though this …

[Anonymous Coward]

More evidence that the drop in tech valuations is putting pressure on the Dell/EMC merger

I doubt that Dell would have contemplated divesting their security businesses otherwise. Selling the ex-Perot Systems services business makes more sense, because then Dell/EMC can go to the reseller community and say that they are no longer in competition with them.