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Cirata pens "largest direct contract" yet in deal with US insurer

13th Oct 2025 10:28

(Alliance News) - Cirata PLC on Monday said it has won a USD3.1 million deal with a "leading US insurer", its largest direct contract to date.

The software solutions provider said the deal represents a move away from a one-year legacy pact for the Fusion product to a new longer term contract.

"The new contract encompasses the deployment of Data Migrator, with a focus on disaster recovery applications," Cirata said.

Cirata expects to provide a third quarter trading update on October 16.

Cirata shares were up 17% to 21.60 pence Monday morning in London.

By Roya Shahidi, Alliance News reporter

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Copyright 2025 Alliance News Ltd. All Rights Reserved.


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