CrowdStrike shares soared on back of new deal with Dell
2023.03.06 13:01
CrowdStrike shares soared on back of new deal with Dell
By Tiffany Smith
Budrigannews.com – CrowdStrike Holdings (NASDAQ:) shares jumped 2.15 percent in early Monday trading following the tech company’s announcement of a new strategic alliance with Dell Technologies (NYSE:). The alliance was formed to provide businesses of all sizes with cost-effective and frictionless solutions for preventing, detecting, and responding to cyber threats.
Daniel Bernard, CrowdStrike’s chief business officer, said, “Dell’s selection of CrowdStrike for customers of all sizes illustrates the criticality of cybersecurity in today’s digital world.” The collaboration between CrowdStrike and Dell grants significant access to the market, accelerating the consolidation of legacy and point products into the leading modern platform for cybersecurity. Dell and CrowdStrike work together to automate, reduce costs, and eliminate friction in cyber defense while accomplishing our goal of stopping breaches.
“To build the strongest defense for our customers, today’s complex threat landscape calls for a collaborative approach that brings together industry-leading technologies and world-class teams,” stated Sam Burd, president of Dell’s Client Solutions Group. The most recent illustration of how we are assisting businesses to stay ahead of threats is our work with CrowdStrike. The fundamental idea that underpins our ongoing strategic collaboration is still crystal clear: aid customers in resolving security issues with ease and simplicity.”
With volume licensing, the CrowdStrike Falcon platform is now available for purchase to assist public sector organizations as well as medium and large businesses in consolidating spend, platforms, and contracts while meeting security and compliance requirements. CrowdStrike will also be available on a wide range of Dell products, including when commercial Dell PCs are purchased in the coming months.
In Monday morning trading, CRWD shares are up 1.25 percent, while DELL shares are down 0.18 percent.
