(Alliance News) - Actual Experience PLC on Wednesday said it has signed a letter of intent with Logicalis International Ltd for its digital workplace management platform.
Shares in Actual Experience more than doubled to 1.41 pence each in London on Wednesday morning.
The Bath, England-based analytics-as-a-service company said the deal secures the first customer for a new joint product offering based on its digital workplace management platform, which is delivered through Logicalis' digital fabric platform.
Actual Experience said the platform provides their managed services customers with a real-time view of digital infrastructure across cloud, security, workplace, and connectivity.
Logicalis is a Maidenhead, England-based technology services provider, and according to Actual Experience, it is one of three main operating divisions of Datatec, a major technology and services group with annual revenues of USD4.6 billion, operating in over 50 countries and with more than 10,000 customers.
Actual Experience Chief Revenue Officer Roy Jugessur said: "We are delighted to be working with Logicalis. Their strength in the upper mid-market and lower enterprise scale customers is highly attractive as we seek to add prospects to our pipeline that typically make quicker purchasing decisions than the large enterprises we are currently engaged with."
By Sabrina Penty, Alliance News reporter
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