The Traderszone Network

Published in TZ Latest News 25 April, 2016 by The TZ Newswire Staff

SME Cybersecurity Attracts $112M In Float

In the first technology IPO of the year, SME security firm SecureWorks raised $112 million.

The public debut of the company on Thursday (April 21) landed less than what the company had initially hoped for, according to reports on Friday. SecureWorks, owned by Dell Inc., priced 8 million shares at $14; unnamed sources said the firm had been eyeing a price closer towards $17.50 for 9 million shares.

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