#SecureWorks Corp., the cybersecurity company owned by #Dell Inc., is planning an initial public offering.
The company expects to sell its Class A common stock to the public and use the proceeds for working capital and other corporate purposes, according to a statement Wednesday. The number of shares and price range haven’t yet been determined, SecureWorks said.
The move comes after Dell agreed to buy #EMC Corp. for about $67 billion in the largest technology acquisition ever. To complete the purchase, Dell will add almost $50 billion to its debt load, people familiar with the matter said last month, on top of the $11
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