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10.75 0.00 (0.00%)

Bid:

10.50

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Spread: 0.50 (4.762%)

Market Cap: £55.06m

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Corero Network Security expands partnership with Ingecom Ignition

Thu, 07th Mar 2024 12:35

(Alliance News) - Corero Network Security PLC on Thursday celebrated the expansion of its partnership with Exclusive Networks Ltd's Ingecom Ignition, a cybersecurity solutions specialist.

The London-based cybersecurity provider announced the signing of a distribution agreement for the Italian market, and said it was looking forward to working alongside its "trusted partner" to help safeguard organisations across Italy "from highly disruptive and potentially reputation-damaging cyberattacks".

As a result of the partnership extension, Corero now has a platform to offer its cybersecurity solutions to the Italian market, whilst simultaneously strengthening the commercial relationship between the two companies.

"EMEA is a key region for Corero and integral to our overarching global expansion strategy. By continuing to harness the local expertise and extensive distribution network of Ingecom, we aim to explore and capitalise on further sales opportunities to broaden our reach within EMEA," said Chief Executive Officer Carl Herberger.

Corero Network Security PLC shares were trading 3.1% higher at 8.76 pence each in London on Thursday afternoon.

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com