Stefan Mileschin

Tin box shifter Michael Dell’s cybersecurity unit SecureWorks has filed for an initial public offering with U.S. regulators.

SecureWorks said it intends to list its Class A common stock on the Nasdaq under the symbol “SCWX” which is suitably cryptic.

Dell bought the outfit in 2011 and it could be worth as much as $2 billion, though the target valuation was not finalised. The filing did not reveal how many shares were planned for sale in the IPO or their expected price. The company set a nominal fundraising target of $100 million.

http://www.techeye.net/business/dell...at-secureworks