Home Top Movers SecureWorks Corp. (SCWX) To Expand In Canada With Delve Labs Acquisition

SecureWorks Corp. (SCWX) To Expand In Canada With Delve Labs Acquisition

SecureWorks Corp. (SCWX) early this week came concluding the acquisition of Delve Laboratories, Inc, a designer and developer of software solutions.

SecureWorks is a leading provider of software-based security solutions while Delve Labs offers autonomous security solutions for telecommunications companies, internet service providers, and large payment infrastructures.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Use of machine learning and artificial intelligence (AI) by SaaS solutions of Delve Labs helps them automate the prioritization and vulnerability detection across endpoints, cloud environment or networks of organizations. Delve Labs’ SaaS provides the IT and data security departments with a prioritized and accurate approach to secure themselves against security breaches.

SecureWorks is in plans of incorporating prioritization and vulnerability discovery technology in its new services to be part of its cloud-based portfolio. SecureWorks cloud portfolio include Threat Detection and Response (TDR) application and Red Cloak, which will offer expanded preview and better insight to its users after integration of the technology completes.

SecureWorks is bringing Delve Labs into its portfolio during a time when company is increasing transformation efforts and has brought its software solutions on track to growth, SecureWorks’ Chief Executive Officer, Michael R. Cote said.

SecureWorks is at a better and strong position in providing deeper intelligence, distinguished end-to-end experience and built a collaborative community to protect its customers in their plans of digital transformation.

Acquiring Delve Labs is a better move by SecureWorks as it will provide it with better capabilities including detection, response, security validation and cyber-risk assessment. All these will help SecureWorks to become a software company, an ESG Fellow & Senior Principal Analyst at ESG, Jon Oltsik said.

Customers of SecureWorks will have Delve Solution available by the end of its fiscal quarter. As Delve Labs serves customers in Canada, the acquisition will provide SecureWorks with opportunity to grow its partner channels and expanding its direct sales footprints in the country.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

LivePerson Inc. (LPSN) stock plunge during pre-market. What’s driving it low?

LivePerson Inc. (NASDAQ: LPSN) stock gained by 0.86% at last close whereas the LPSN stock declines by 9.39% in the pre-market trading session. Through...

The Clorox Company Ltd. (CLX) stock decline during pre-market. Here’s the recent update

The Clorox Company Ltd. (NASDAQ: CLX) stock gained by 0.17% at last close whereas the CLX stock price fell by 11.59% in the pre-market....

IT Tech Packaging Inc. (ITP) stock gains during pre-market. Here’s what’s happening?

IT Tech Packaging Inc. (NASDAQ: ITP) stock gained by 7.53% at last close while the ITP stock price rises by 2.04% in the pre-market...

Why did The9 Limited (NCTY) stock turnaround in the after-hours on Friday?

The9 Limited (NCTY) shares gained 6.87% in after-hours on Friday, July 30, 2021, and closed the weekly trading at $11.98 per share. in the...

Here is why MicroVision Inc. (MVIS) stock surged in the after-hours on Wednesday?

MicroVision Inc. (MVIS) shares surged 14.98% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $14.05 per share. In the...

Onesmart International Education Group Ltd. (ONE) stock surges during current market. What’s driving it high?

Onesmart International Education Group Ltd. (NASDAQ: ONE) stock gains by 111.86% in the current market trading session. OneSmart International Education is a major Chinese...

OneConnect Financial Technology Inc. (OCFT) stock plunge during current market. Here’s what you should know.

OneConnect Financial Technology Inc. (NASDAQ: OCFT) stock declines by 22.12% in the current market trading. In China, OneConnect is the most popular technology-as-a-service platform...

Related News

Why did Etsy Inc. (ETSY) shares decline in the after-markets on Wednesday?

Etsy Inc. (ETSY) shares declined 13.81% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $174.20 per share. In the...

Here is why MicroVision Inc. (MVIS) stock surged in the after-hours on Wednesday?

MicroVision Inc. (MVIS) shares surged 14.98% in after-hours on Wednesday, August 04, 2021, and closed the daily trading at $14.05 per share. In the...

Here is why Activision Blizzard Inc. (ATVI) stock turnaround in the after-hours on Tuesday?

Activision Blizzard Inc. (ATVI) shares gained 6.10% in after-hours on Tuesday, August 03, 2021, and closed the daily trading at $84.70 per share. Earlier...

Lixte Biotechnology Holdings Inc. (LIXT) stock surge during current market. Here’s the recent news

Lixte Biotechnology Holdings Inc. (NASDAQ: LIXT) stock gains by 32.32% in the current market trading session. Lixte Biotechnology Holdings is a clinical-stage pharmaceutical business...

Arcturus Therapeutics Inc. (ARCT) stock surged during pre-market. Here’s the latest news.

Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) stock gained by 10.7% at last close while the ARCT stock rises by 7.53% in the pre-market trading...

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam