Secureworks to Acquire Delve Laboratories, Inc.
September 09 2020 - 6:00AM
Secureworks® (NASDAQ:SCWX), a leader in software-driven security
solutions, today announced it has signed a definitive agreement to
acquire Delve.
Delve intelligently prioritizes vulnerabilities at scale and in
context as part of its automated vulnerability management platform.
The company’s SaaS solution is powered by artificial intelligence
(AI) and machine learning to provide customers with more accurate
and actionable data about the highest risk vulnerabilities across
their network, endpoints and cloud.
The acquisition demonstrates Secureworks’ commitment to evolving
its cloud-native Red Cloak™ Platform, and extending Threat
Detection and Response (TDR) application with new integrations,
analytics and user experience improvements.
The Delve all-in-one solution, automating asset discovery,
vulnerability scanning, contextual vulnerability prioritization and
remediation planning, will be available for sale as part of
Secureworks’ portfolio this quarter. Secureworks will also
integrate Delve technology into the Red Cloak Platform™ and TDR
application.
“Against the backdrop of today’s digital landscape, our
customers demand sophisticated, scalable solutions that respond to
threats putting their business and workforce at risk,” said Michael
R. Cote, Chief Executive Officer of Secureworks. “The acquisition
of Delve will enrich Secureworks’ intelligence, further
differentiate our end-to-end capabilities, and accelerate our
transformation to deliver software with security at its core.”
“We were the first to deliver a context-based, AI-driven
vulnerability scanning and prioritization solution, and we believe
this pioneering spirit is the ideal complement to Secureworks’
proven approach to helping customers grow their business securely,”
said Gabriel Tremblay, Chief Executive Officer of Delve. “Together,
we will expand customers’ access to the solutions and applications
they need to make decisions that effectively defend their
organizations against the most threatening adversaries.”
The acquisition is expected to be completed in Secureworks’ 2021
fiscal third quarter and is subject to customary closing
conditions.
About Secureworks Secureworks®
(NASDAQ:SCWX) a global cybersecurity leader, enables our customers
and partners to outpace and outmaneuver adversaries with more
precision, so they can rapidly adapt and respond to market forces
to meet their business needs. With a unique combination of
cloud-native, SaaS security platform and intelligence-driven
security solutions, informed by 20+ years of threat intelligence
and research, no other security platform is grounded and informed
with this much real-world experience.
About Delve Delve is transforming the way
enterprises conduct vulnerability management. By leveraging the
power of artificial intelligence and a view of each vulnerability
in the context of its individual characteristics within the
organization, the asset’s importance, and external factors, Delve
delivers a meaningful, prioritized list of vulnerabilities that
enables IT and security teams to reduce vulnerability risk while
minimizing remediation activity. Delve was founded in 2014 and has
offices in Montreal and New York City.
Contact: Ashley
Vandiveravandiver@secureworks.compress@secureworks.com+1
404-432-8657
Jeff Hilljeff.hill@delvesecurity.com +1 908-872-8560 Visit
Secureworks.comVisit Delvesecurity.com
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Special Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 21E of the Securities Exchange Act of 1934
and Section 27A of the Securities Act of 1933 and are based on
Secureworks' current expectations. In some cases, you can identify
these statements by such forward-looking words as “anticipate,”
“believe,” “confidence,” “could,” “estimate,” “expect,” “guidance,”
“intend,” “may,” “plan,” “potential,” “outlook,” “should,” “will”
and “would,” or similar words or expressions that refer to future
events or outcomes. Because forward-looking statements inherently
involve risks and uncertainties, actual future results may differ
materially from those expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are not
limited to, competitive uncertainties and general economic and
business conditions in Secureworks' markets as well as the other
risks and uncertainties that are described in Secureworks' periodic
reports and other filings with the Securities and Exchange
Commission, which are available for review through the Securities
and Exchange Commission's website at www.sec.gov. Any
forward-looking statement speaks only as of the date as of which
such statement is made, and, except as required by law, we
undertake no obligation to update any forward-looking statement
after the date as of which such statement was made, whether to
reflect changes in circumstances or our expectations, the
occurrence of unanticipated events, or otherwise. Any future
product, service, feature, benefit or related specification
referenced in this press release are for information purposes only
and are not commitments to deliver any technology or
enhancement.
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