Dell Technologies is considering buying the entirety of Secureworks, according to reports in Bloomberg.
The vendor already owns 86.2 per cent of the Atlanta, Georgia based cybersecurity partner's shares.
Dell and Secureworks have an eight-year history. Dell originally bought its majority shares in 2011, before leading the business through an IPO in 2016.
Secureworks recently logged FY2019 revenues of $518.7m.
As reports surfaced of a possible Dell takeover, Secureworks stock jumped almost 16 percent in trading on 23 December.
Secureworks shares closed up 16.8 per cent at $17.72, the highest price since May, giving the company a market capitalisation of $1.4bn.
Dell shares also rose fractionally by 1.7 per cent to a market cap of $50.46bn.
Last month, reports emerged that Dell is considering the sale of its RSA security division.
RSA was rolled into the company as part of its $67bn purchase of EMC in 2016.
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