SecureWorks IPO Terms Set: 9m Shares at $15.50 – $17.50 / Share

SecureWorks filed an amended registration with the SEC for its IPO this morning.  The company plans to sell 9mn shares and sees an offering price of $15.50 – $17.50 per share.  SecureWorks will list on the Nasdaq under the ticker symbol “SCWX.”

Triton Research published a comprehensive Dossier on Atlassian Corporation on January 7, 2016.  The Dossier includes a Triton Company Score, business model analysis, product analysis, bull vs. bear case scenarios, comparative analyses, questions for management, management biographies, a historical valuation assessment, and more.

Triton Company Score (avg. 6.58): Contact Triton Research for more details.

Company Description: Sells managed security services that help enterprises and other organizations outsource IT security and lower their need to acquire personnel, software, and hardware and is sold on a subscription-basis.  The Company also sells one-time consulting services and security incident response services on an ad hoc basis.

Competitive Set: IBM, AT&T, Verizon, Optiv, Paladion Networks, The Herjavec Grou