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Pin to quick picksCorero Network Share News (CNS)

Share Price Information for Corero Network (CNS)

London Stock Exchange
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Share Price: 12.75
Bid: 12.50
Ask: 13.00
Change: 0.50 (4.17%)
Spread: 0.50 (4.00%)
Open: 12.00
High: 12.50
Low: 12.00
Prev. Close: 12.00
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Corero Network Security secures orders worth over USD4 million

Wed, 17th Nov 2021 12:21

(Alliance News) - Corero Network Security PLC on Wednesday said it has secured a number of customer orders totalling over USD4 million since the half year in the Hosting Provider market segment.

The Massachusetts-based security systems services company noted that revenue associated with these orders will be recognised over the course of the lifetime of each of the contracts.

More specifically, Corero said it has received a multi-million-dollar order from an undisclosed US-based, cloud infrastructure hosting provider. Another order was received from an unnamed US-based managed hosting provider that operates in the US and Europe. The final order was secured via a Corero channel partner, from an undisclosed eastern US provider.

All orders are for deployment of the latest SmartWall TDS solutions with supporting SecureWatch services.

"These wins are also a testament to the strength of our class-leading distributed denial of service protection technology and our comprehensive understanding of this important customer space," said Chief Executive Lionel Chmilewsky.

Corero shares were trading 8.1% higher in London on Wednesday morning at 10.00 pence each.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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14 Mar 2018 12:54

Corero Network Security Wins Two Software Orders Worth USD900,000

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Corero Wins USD600,000 Worth Of Orders From Gambling Customers

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4 Jul 2016 06:56

Corero Network Security Wins USD400,000 In SmartWall System Orders

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Corero Network Security Wins USD300,000 Order From US Mobile Firm

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Corero Network Security Wins SmartWall System Deal In Germany

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Corero Raises GBP8 Million As It Reports Slightly Widened Loss (ALLISS)

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Corero Wins SmartWall Order From European Hosting Provider

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Corero's Smartwall Threat Defense Earns 'Recommended' Rating In Tests

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Corero Network Security Wins SmartWall Order From US Hosting Provider

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