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Globo Gets USD1.2 Million Purchase Order From US Fortune 100 Client

14th Jan 2015 09:27

LONDON (Alliance News) - Software company Globo PLC Wednesday said it has received a licence renewal and purchase order worth USD1.2 million from an unnamed US Fortune 100 company.

Globo said the order amounts to 50,000 licences for its GO!Enterprise software. The order is worth USD1.2 million on an annual, renewable basis, it said.

"We remain confident in the outlook for licence demand in 2015 from this important customer," Chief Executive Costis Papadimitrakopoulos said in a statement.

Globo shares were up 1.1% at 44.23 pence Wednesday morning.

By Rowena Harris-Doughty; [email protected]; @rharrisdoughty

Copyright 2015 Alliance News Limited. All Rights Reserved.


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