17th Mar 2016 08:51
LONDON (Alliance News) - Location intelligence services company Ubisense Group PLC on Thursday said it has signed two new contracts, worth a combined USD2.9 million, with two US companies.
The first contract is with a tier 1 broadband communications and entertainment provider, and the second is with a large power company, Ubisense said without naming the two companies
Ubisense will provide managed services for its flagship myWorld product and other systems used to manage and visualise the network assets of both customers.
"We are pleased to be further supporting these customers in operating economically, effectively, and safely, whilst best serving the needs of their own customers. We look forward to augmenting these relationships further as the customers' enterprise location intelligence needs develop," Chief Executive Richard Green said in a statement.
Ubisense will release its full-year results for 2015 on April 7.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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