- Jun 17, 2021
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San Francisco, CA 94129 +1 (415) 418 2900 Telephone. Today is an exciting day for SonicWall and our channel partners. Private equity firm Francisco Partners and activist hedge fund Elliott Management are preparing to sell platform security vendor SonicWall after nearly five years of ownership, PE Hub reported. Clearlake Capital-Backed symplr To Acquire HealthcareSource From Francisco Partners. Dell's acquisition of SonicWall became official on May 9, 2012. All of that growth comes from SonicWall’s rebuilt partner program. SonicWALL is … We thought long and hard on what to name our new program. SonicWall next-generation firewalls and network security solutions protect more than 1.1 million networks worldwide, for more than 500,000 organizations in more than 215 countries and territories. Beyond the official keynotes and breakout sessions, the buzz at Peak16 was around the upcoming acquisition of SonicWALL by Francisco Partners and Evergreen. As a PartnerDirect Partner, we appreciate your continued business, commitment and trust in Dell … Read Article. 2 June 2021 Francisco Partners and Elliott Management are preparing to sell cybersecurity provider SonicWall after a nearly five-year hold, … SonicWall and WatchGuard now have the same private equity parent -- Francisco Partners. On March 13, 2012, Dell announced that they had signed a definitive agreement to acquire SonicWall. Francisco Partners Completes $2 Billion Debt Refinancing for Parent Company of SonicWALL and Quest Press Release - November 28 2017 One year after acquisition, strong operating performance at SonicWALL and Quest supports successful refinancing and significant reduction in interest cost “I am enthused to lead Quest into a new era and continue delivering the proven market-leading solutions that address the most critical IT pain-points,” said Hawn. Elsewhere, Francisco Partners is preparing to put cybersecurity provider SonicWall up for sale, PE Hub reported earlier this month. For nearly 30 years, SonicWall's global partner community has been delivering the right cybersecurity solutions, products and services for organizations and businesses of any size. Dell's acquisition of SonicWall became official on May 9, 2012. WatchGuard Technologies, a Seattle-based maker of internet security software and hardware, and private equity firm Francisco Partners have reached a deal for the private equity firm to buy WatchGuard for $151 million (€119.7 million) in an all-cash transaction. PEAK16—The Buzz in the Halls. Private equity firm Francisco Partners and activist hedge fund Elliott Management are preparing to sell platform security vendor SonicWall after nearly five years of … Dear valued SonicWall customer: We have some big news to share and I want you, our valued customers, to hear it directly from me. Francisco Partners is a … That's because buyer Francisco Partners also counts among its investments companies like SonicWall, which produces SSL proxy boxes, and NSO Group, which produces government spyware, among other cyber-surveillance upstarts. Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, announced today the combination … Francisco Partners is a leading global private equity firm, which specializes in … For more information on SonicWall, go to: www.sonicwall.com. SonicWALL is a … [15] On May 20, 2016, Dell announced the sale of Dell Software, which included SonicWall, to private equity firm Francisco Partners and Elliott Management. Today SonicWall is a developer of firewalls, VPNs, networking devices and other cybersecurity products. Critical SonicWall vulnerability affects 800K firewalls, patch now. Headquartered in Milpitas, California, SonicWall is a Silicon Valley firewall and cybersecurity solutions company originally founded in 1991. Francisco Partners has provided $2 billion in debt refinancing to Seahawk Holdings, the parent company that holds both SonicWALL and Quest. About Francisco Partners Francisco Partners is a leading global private equity firm, which specializes in investments in technology and technology-enabled services businesses. Founders Marty Bickford, Sreekanth Ravi, Sudhakar Ravi. Buyout firm, Francisco Partners, and the private equity arm of activist hedge fund, Elliott Management Corp, have finalised the spin-out of SonicWall as an independent businesses.. Google Maps. Ignite a firewall provider’s brand presence. ... Francisco Partners San Francisco Office. A familiar yet brand-new vendor has entered the network security market this month. About Francisco Partners. As part of SonicWall’s transition to an independent company owned by Francisco Partners and Elliot Management and to affirm our 100% channel strategy, we are launching the new SonicWall SecureFirst Partner Program. SonicWall could be valued at more than US$2.5 billion. Security Advisory: SonicWall Firewall - Management Vulnerabilities - 7/19/2019. Show me: But that doesn't mean the security companies will ever merge. SonicWall is a corporate firewall provider that was spun out of Dell. Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. The acquisition bolsters Francisco Partners and Elliott Management’s technology portfolios with the addition of two companies focused … Take a closer look an perhaps Francisco Partners could merge SonicWall with WatchGuard, another member of its portfolio companies. SonicWall has longstanding relationships with MSPs and MSSPs worldwide. In November of 2016, Francisco Partners and Elliott Management bought Dell’s software division, which included IT services provider Quest Software and SonicWall. On June 20, 2016, Dell sold SonicWall to private equity firm Francisco Partners and Elliott Management. Acquired by Dell in 2012, the company was sold in 2016 and is currently backed by private equity firms, Francisco Partners and Elliott Management. Critical SonicWall vulnerability affects 800K firewalls, patch now. Partners learn how to be thought leaders and game changers in the ever evolving cyber-security landscape. Now, those private equity firms have hired Morgan Stanley to advise on the SonicWall sale process, which is expected to start in late June 2021, PE Hub reports. The company has a large base of VAR, MSP and MSSP partners. 1 Francisco Partners and Elliot Management Group, which purchased Dell’s software business unit in June, also appointed new CEOs to both companies. Networks Unlimited are the longest serving partner for SonicWall in the UK. SonicWall firewalls where installed in most Dell computers, but the brand had little marketing support, equity, or marketplace awareness. Use the below search and filter options to find your SonicWall SecureFirst partner, authorized distributor or service provider. Vendavo, a provider of business-to-business price management technology, is working with … Dell sold SonicWall to investors Francisco Partners and Elliott Management. Francisco and … Network security firm SonicWall has officially spun out of Dell Technologies as an independent company, with private equity firm Francisco Partners and … Dell SonicWall is now "Francisco Partners and Elliot Management". Francisco Partners has provided $2 billion in debt refinancing to Seahawk Holdings, the parent company that holds both SonicWALL and Quest. One Letterman Drive Building C - Suite 410. Francisco Partners and Elliott Management complete acquisition of Dell Software Group; spin out SonicWall ™ as dedicated independent security company.
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