Dell Technologies Inc. ( DELL ) and CrowdStrike Holdings, Inc. ( CRWD ) shares are trading lower on Tuesday.

The companies bolstered their partnership by extending Dell’s Managed Detection and Response services using the CrowdStrike Falcon XDR platform, renowned for its AI capabilities.

The development will help customers defend against increasingly complex cyberattacks.

As per the 2024 CrowdStrike Global Threat Report, cyberattacks have evolved to become faster, more intricate, and stealthier. 

“Together with Dell, we see a significant opportunity to give all customers – from large enterprises, to mid-market organizations and SMBs – the best security outcomes: stopping the breach, consolidating point products and driving down costs,” said Daniel Bernard, chief business officer, CrowdStrike ( CRWD ). 

The collaboration between Dell’s global security operations experts, proactive threat-hunting capabilities, and the industry-leading Falcon platform offers the necessary security across diverse cloud and vendor environments.

“The combination of MDR and the CrowdStrike ( CRWD ) platform empowers customers to exponentially reduce threat exposures, detect and respond to incidents, and recover applications and systems,” said Mihir Maniar, VP of infrastructure, edge and security services portfolio, Dell Technologies ( DELL ). 

Price Action: CRWD shares are trading lower by 6.84% to $292.35 on the last check Tuesday, while DELL shares are trading lower by 6.18% to $114.26.