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Enea Secures USD 2.5 Million Agreement Extension with Global Cloud Leader

Story Highlights
  • Enea extends a USD 2.5 million agreement with a major cloud cybersecurity provider.
  • The deal enhances Enea’s role in real-time traffic intelligence for secure networking.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Enea Secures USD 2.5 Million Agreement Extension with Global Cloud Leader

Confident Investing Starts Here:

Enea AB ( (SE:ENEA) ) just unveiled an announcement.

Enea has extended its agreement with a prominent U.S.-based cloud cybersecurity and networking provider, securing a USD 2.5 million deal over two years. This extension will see Enea’s Qosmos ixEngine utilized in the customer’s firewall and SD-WAN solutions, enhancing application performance, security, and cost efficiency, thereby reinforcing Enea’s position in the market for real-time traffic intelligence solutions.

More about Enea AB

Enea is a global specialist in advanced telecom and cybersecurity software, aiming to enhance the safety and efficiency of global communications. The company provides innovative solutions that connect, optimize, and protect communications for over 160 service providers in more than 100 countries, impacting over 3 billion users daily. Headquartered in Stockholm, Sweden, Enea is publicly listed on NASDAQ Stockholm.

Average Trading Volume: 51,835

Current Market Cap: SEK1.48B

For a thorough assessment of ENEA stock, go to TipRanks’ Stock Analysis page.

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