This is technology M&A deal number 312 that MSSP Alert and sister site ChannelE2E have covered so far in 2023.
SonicWall, founded in 1991, is based in Milpitas, California. The company has 1,939 associated members listed on LinkedIn. SonicWall's areas of expertise include network security, threat protection and secure access service edge (SASE).
SGI, founded in 2007, is based in Woodbridge, Virginia. The company has 34 associated members listed on LinkedIn. SGI's areas of expertise include network security, endpoint security and security information and event management (SIEM).
SonicWalls Expands Its Portfolio
SGI brings its portfolio of MDR, security operations center-as-a-service (SOCaaS) and other managed services made for MSSPs and MSPs to SonicWall, the businesses said. It aligns with SonicWall's "outside-in approach" and provides its partners with access to technologies that they can use to grow, the companies stated.
Furthermore, SGI and SonicWall will provide MSSPs and MSPs with automated solutions that they can use to identify and respond to threats across their customers' networks, endpoints, servers and cloud environments, the businesses stated. They will also leverage artificial intelligence to deliver a "differentiated, effective and highly proficient service," the companies noted.
SonicWall Continues to Enhance Its MSSP and MSP Partner Offerings
The SGI acquisition comes after SonicWall in September 2023 bolstered its partner program to help its North American MSSP and MSP partners get the most value out of its products, according to the company. Some of the program enhancements included:
- New procurement options, including prepaid subscriptions offered at a discount and a no-commitment monthly service provider model
- Personalized dedicated support from level 2 or tier 3 agents
- Business discounts for new accounts across all tiers
- SonicWall University training options that allow partners to access product-specific courseware, specializations and industry-recognized certifications
Previously, SonicWall in June 2023 started offering monthly firewall security services bundles to MSSPs and MSPs. SonicWall's MSSP and MSP partners can use these bundles to "provide their customers with flexible, cost-effective cybersecurity solutions," the company stated.
SonicWall offers security products and solutions that MSSPs and MSPs can utilize to build, scale and manage security across their customers' cloud, hybrid and traditional environments in real-time, the business said. It provides the SecureFirst Partner Program, which is available to MSSPs and MSPs in North America. A full launch of this program is expected in February 2024, SonicWall said.