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Starting Amount
$
After
years
Dividend yield
%
Dividends reinvested
$
SecureWorks Corp.
Type
Public company
Traded as NASDAQ: SCWX
Industry Managed Security Service
Headquarters Atlanta, Georgia, U.S.
Area served
North America
Europe
Middle East
Asia
Africa
South America
Key people
Michael R. Cote (President & CEO)
Stacie Hagan (Chief People Officer)
Kevin Hanes (Chief Operating Officer)
George Hanna (Chief Legal Officer)
Barry Hensley (Chief Threat Intelligence Officer)
Wayne Jackson (Chief Financial Officer)
Jon R. Ramsey (Chief Technology Officer)
Jason Capitel (Chief Revenue Officer)
Rob Scudiere (Senior Vice President of Engineering, Chief Information Officer)
Services Managed IDS/IPS
Network IPS with iSensor
Firewall Management
Firewall Audit
Next Generation Firewall
Managed UTM
Web App Firewall
Host IPS
Security Monitoring
Log Monitoring
Log Retention
SIM On-Demand
Vulnerability Management
Web App Scanning
PCI Scanning
Threat Intelligence
Email Security
Web Security Services
Consulting
Parent Dell Technologies
Website www.secureworks.com

SecureWorks Inc. is a United States-based subsidiary that provides information security services, protecting its customers' computers, networks and information assets from malicious activity such as cybercrime. The company has approximately 4,400 customers across 61 countries, ranging from Fortune 100 companies to mid-sized businesses in a variety of industries. It became part of Dell in February 2011 and branched off to become a public organization in April 2016. It is still majority-owned by Dell.

SecureWorks was founded as a privately held company in 1998 by Michael Pearson and Joan Wilbanks. In 2002 Michael R. Cote became President and CEO. In 2005, and again in 2006, the company was named to the Inc. 500 and Inc. 5000 lists (2005, 2006) and Deloitte’s Fast 500.

In 2006, SecureWorks merged with LURHQ Corporation and the new entity continued under the SecureWorks corporate name. LURHQ, which was founded in 1996 in Myrtle Beach, SC and provided managed security services to large enterprises, had similar company cultures and leadership to SecureWorks. According to Gartner, the merger created a stronger company. With the merger, SecureWorks was able to leverage Sherlock, LURHQ's portal, to unify its combined customer base onto a single integrated security management platform.

In 2009, SecureWorks acquired the Managed Security Services (MSS) business from VeriSign, Inc., a provider of Internet infrastructure services for the networked world, and grew to more than 500 employees worldwide. The acquisition expanded its clients to approximately 2,600 in more than 50 countries, including the United Kingdom, Saudi Arabia, Taiwan, Finland, Spain, Brazil and Mexico. This includes four of the Fortune 10. Also in 2009, SecureWorks acquired the then 10-year-old dns Limited. This acquisition expanded SecureWorks' operation to include a UK-based operations center and additional offices in London and Edinburgh.

On January 4, 2011, Dell announced that it would acquire SecureWorks to be part of Dell Services. Dell SecureWorks officially began operating as a Dell subsidiary on February 7, 2011.

Dell SecureWorks continued to expand its portfolio around the world and in May 2013, it arrived in the ANZ region. The move to Australia and New Zealand put Dell in the ring of the security services market with companies like IBM, HP, and Verizon. Dell SecureWorks opened an operations center in Sydney to meet demands from local Australia businesses, the most in demand services in this area being Penetration Testing, forensic investigations and ongoing monitoring of environments for attacks.

On December 17, 2015, Dell subsidiary SecureWorks filed to go public.

On April 22, 2016, SecureWorks announced its IPO, raising $112 million after pricing its IPO at $14 per share. However, the company was expecting the initial price to be between $15.50-$17.50. This was the first tech IPO in the U.S. in 2016.

Investment goal date:
Dividends reinvested
SecureWorks Corp. SCWX report Q2 2017
Period
Date
Adjusted Actuals EPS
GAAP EPS
Q4 2017
2018-03-29
--
--
Q3 2017
2017-12-07
--
--
Q2 2017
2017-09-06
-0.0700
-0.1500
Q1 2017
2017-06-06
-0.0800
-0.1800
Q4 2016
2017-03-29
-0.0200
-0.0900
Q3 2016
2016-12-07
-0.0200
-0.1000
Q2 2016
2016-09-06
-0.0700
-0.1500
Q1 2016
2016-06-01
-0.0900
-0.1400
Q4 2015
2016-04-22
0.0000
-0.1800
Q1 2015
1970-01-01
0.0000
-0.2200
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Fund Name
Ticker shares
Major Shareholders
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Total Shares
Holding stocks