(Alliance News) - De La Rue PLC on Thursday said it has renewed a pact with Microsoft Corp which will see the company continue to provide authentication services for the technology firm until 2026.
The Basingstoke, England-headquartered polymer and security printed products manufacturer said the deal has been extended by five years. De La Rue provides authentication services to Microsoft's retail, OEM and Xbox channels.
"Under the contract, De La Rue's secure global supply chain will deliver solutions to Microsoft's partners around the world while reducing carbon footprint and delivering innovative brand protection through unique physical and digital technologies," the company said.
"De La Rue has also been awarded contracts for digital tax stamp schemes with two Tier 1 countries, demonstrating its continued growth in the government revenue solutions market."
Shares in the company were 2.2% higher at 178.56 pence each in London on Thursday afternoon.
By Eric Cunha; ericcunha@alliancenews.com
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De La Rue (DLAR)
