SonicWall| Logo used from 1991 until acquisition by Dell |
| Former type | Subsidiary |
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| Industry | Backup and recovery, security appliances, Internet security, WAN optimization |
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| Fate | Acquired by Dell |
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| Successor(s) | Dell, Inc. |
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| Founded | 1991 |
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| Founder(s) | Sreekanth Ravi, Sudhakar Ravi |
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| Defunct | May 9, 2012 (2012-05-09) |
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| Headquarters | San Jose, California |
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| Products | Security Appliance filtering Spam, backup and recovery, Spyware, Viruses and other Malware |
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| Revenue | US$265 million (2011)[1] |
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| Owner(s) | Dell Inc |
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| Employees | 1000 (December 2011)[1] |
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| Website | www.sonicwall.com |
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SonicWall (styled SonicWALL), originally a private company headquartered in San Jose, California, and now owned by Dell, sells a range of Internet appliances primarily directed at content control and network security. These include devices providing services for network firewalls, UTMs (Unified Threat Management), VPNs (Virtual Private Network), backup and recovery, and anti-spam for email. The company also markets information subscription services related to their products.[2] The company solutions also serve to solve issues surrounding HIPAA and PCI compliance issues.[3]
On March 13, 2012, USA Today said that Dell announced its intent to acquire SonicWALL, which then had 130 patents and 950 employees. Dell's acquisition of SonicWall became official on May 9, 2012. [4][5]
History
1991 - The company was founded in 1991 under the name "Sonic Systems" by brothers Sreekanth and Sudhakar Ravi to develop Ethernet and Fast Ethernet cards, hubs and bridges.[2][6]
1990s - In the late 1990s they released a security product later branded "SonicWALL" which was a dedicated hardware appliance with firewall and VPN software intended for the small-business market.[6]
1999 - In November 1999 they went public (SNWL).[7]
2003 - Matthew T. (Matt) Medeiros (formerly of Philips Components) became CEO in March 2003.[8] The company has acquired a number of companies through the years, expanding its product line in the process.[9]
2010 - On July 23, 2010 SonicWALL announced that it has completed its merger with affiliates of an investor group led by Thoma Bravo, LLC, which includes the Ontario Teachers' Pension Plan through its private investor department, Teachers' Private Capital. After the merger SonicWall was delisted from NASDAQ.
2012 - On March 13, 2012 Dell announced that they had signed a definitive agreement to acquire SonicWALL.[10]
References
