26th Nov 2019 13:20
(Alliance News) - Software company WANdisco PLC on Tuesday said it has secured a contract worth in excess of USD500,000 from an a Fortune 500 technology company, an existing customer of the company.
The undisclosed company has renewed and expanded its relationship and commitment to WANdisco's Fusion technology, which helps businesses move large volumes of data whilst meeting regulatory requirements.
"This contract is typical of the company's pipeline of renewals, with commitments with existing customers expected to continue and expand over time," WANdisco said.
Shares in WANdisco, which helps businesses to manage their data, were down 4.4% at 350.00 pence each on Tuesday afternoon.
By Tapan Panchal; [email protected]
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