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Cirata plc Reinforces IBM Partnership with OEM Deal

Cirata plc Reinforces IBM Partnership with OEM Deal

Wandisco (GB:CRTA) has released an update.

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Cirata plc has enhanced its partnership with IBM by amending their OEM sales agreement, enabling IBM to offer Cirata’s Live Data Migrator for large-scale, risk-free data migration. This strategic move strengthens their collaboration, as evidenced by the early retirement of a $1.7m prepay, and aligns both companies towards growth and innovation in AI and cloud solutions. The updated agreement, which includes automatic annual renewals, underscores both parties’ commitment to driving customer innovation and avoiding vendor lock-in.

For further insights into GB:CRTA stock, check out TipRanks’ Stock Analysis page.

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