Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Dell to Acquire SonicWall for $1.2 Billion

Hardware giant Dell said it will acquire SonicWall, a privately held maker of network security gear, for a reported $1.2 billion. SonicWall had been publicly held from 1999 through 2010, when it was taken private in a $717 million buyout led by the private equity firm Thoma Bravo and the Ontario Teachers Pension Plan. SonicWall had projected annual sales of about $220 million that year.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work