Secureworks Completes Acquisition of Delve Laboratories, Inc.

Secureworks® (NASDAQ:SCWX), a leader in software-driven security solutions, today announced it has completed the acquisition of Delve.

Delve’s SaaS solution uses artificial intelligence (AI) and machine learning to automate vulnerability detection and prioritization across an organizations’ network, endpoint or cloud environment, providing CISOs, CIOs and IT Security departments accurate and prioritized insights to protect themselves against adversaries.

Secureworks plans to integrate vulnerability discovery and prioritization technology into new offerings within its cloud-based portfolio, including its Red Cloak Platform and Threat Detection and Response (TDR) application, expanding visibility and insights for users.

“We’re bringing Delve into Secureworks at a time when we’re accelerating our transformation and have marked momentum for our software solutions,” said Michael R. Cote, Chief Executive Officer of Secureworks. “We’re in a position of strength, offering greater value by delivering deeper intelligence, a differentiated end-to-end experience, and a collaborative community built to protect our customers as they digitally transform.”

“Secureworks’ acquisition of Delve is a good pivot from detection/response to cyber-risk assessment and security validation to complete the circle as Secureworks transforms to a software company,” said Jon Oltsik, Senior Principal Analyst & ESG Fellow, ESG.

The Delve Solution will be available to Secureworks customers by the end of the Company’s fiscal quarter. With the acquisition, Secureworks also grows its channel partner and direct sales footprint in Canada.

 

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