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Dell's SecureWorks files for a $100 million IPO

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.

The article Dell's SecureWorks files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital, the Renaissance IPO ETF (symbol: IPO) or the Global IPO Fund (symbol: IPOSX) , may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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