The
Atlanta, Georgia-based company said on Monday that its offering
of 9 million Class A shares could raise as much as $157.5
million.
The Wall Street Journal first reported in October that Dell, the
third-largest personal computer maker, had filed confidentially
for listing SecureWorks, which it bought for $612 million in
2011.
Founded in 1999, SecureWorks has 4,200 clients in 59 countries.
The company said it planned to list its Class A common stock on
the Nasdaq under the symbol "SCWX."
SecureWorks joins several cyber security firms looking to tap
the capital markets as investor interest in them grows after a
spate of cyber attacks on big companies including banks and
retailers.
Rapid7 Inc and Mimecast Ltd had successful listings last year,
but their share prices have slipped below the IPO price since
then.
Bank of America Merrill Lynch, Morgan Stanley, Goldman Sachs &
Co and JP Morgan are among the underwriters for SecureWorks'
IPO.
(Reporting by Sruthi Shankar and Anya George Tharakan in
Bengaluru; Editing by Kirti Pandey)
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