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Corero Network Security ( (GB:CNS) ) has issued an update.
Corero Network Security has announced its expansion in Latin America with a new contract in Brazil and a partnership in Peru. The contract, secured through TechEnabler, involves implementing Corero’s SmartWall ONE solution for a leading telecommunications provider in Brazil, highlighting Corero’s growing influence in the regional DDoS protection market. The partnership with A51 Technology in Peru marks Corero’s strategic entry into the country, aiming to enhance network security for businesses against DDoS threats. These developments underscore Corero’s commitment to long-term growth and strengthening its market presence in Latin America.
More about Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. The company safeguards against both external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. Corero operates from Marlborough, Massachusetts, USA, and Edinburgh, UK, with headquarters in London, and is listed on the London Stock Exchange’s AIM market and the US OTCQX market.
YTD Price Performance: -12.44%
Average Trading Volume: 190,511
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £88.35M
See more insights into CNS stock on TipRanks’ Stock Analysis page.
