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Dell's SecureWorks files for a $100 million IPO

December 17, 2015
SCWX

SecureWorks, a managed security services provider being spun out of Dell, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

The Atlanta, GA-based company, which was founded in 1999 and booked $317 million in sales for the 12 months ended October 30, 2015, plans to list on the Nasdaq under the symbol SCWX. SecureWorks filed confidentially on 6/9/2015. BofA Merrill Lynch, Morgan Stanley, Goldman Sachs, J.P. Morgan, Barclays, Citi, Credit Suisse, RBC Capital Markets and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.