Sophos sheds 6% of staff after swallowing Secureworks Nine days after completing its $859 million acquisition of managed detection and response provider Secureworks, Sophos has laid off around six percent of its staff. In a statement to The Register, the infosec outfit told us the staff it’s let go are no longer needed now that Secureworks is no longer a public company. Sophos …
So Sophos, Proofpoint, Sailpoint, Darktrace and now Secureworks are all owned by one private equity company. I do hope people are moving to use alternatives - if they haven't already - as we all know how the private equity playbook runs and it's never beneficial to any customer.
A noble sentiment my friend, but capitalism being what it is, someone is greasing the palms of whomever they need to ensure these firms continue.
It would appear everyone and anyone can create an equity firm, just call it Something Capital, get your mates from the right schools involved, who have also got friends from the right schools in government and regulations, and hey presto! You are now the proud owner of a firm with a licence to print money at the expense of the plebs!
Shameful but pretty accurate representation I think!
Thoma Bravo are different. they make their companies materially better
at one point or another they have owned part or all of:
Barracuda, Bluecoat, BeyondTrust, Connectwise, Darktrace, Delinea, Entrust, Exabeam, Imperva, Impravata, Landesk, Logrythm, McAfee, Proofpoint, Sonicwall, Sophos, Tripwire and Veracode.
and a couple of others
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