Corero Network Security PLC Significant Strategic Global Partnership (9572M)
20 Septiembre 2023 - 5:00AM
UK Regulatory
TIDMCNS
RNS Number : 9572M
Corero Network Security PLC
20 September 2023
20 September 2023
This announcement contains inside information for the purposes
of article 7 of the Market Abuse Regulation (EU) 596/2014 as
amended by regulation 11 of the Market Abuse (Amendment) (EU Exit)
Regulations 2019/310. With the publication of this announcement,
this information is now considered to be in the public domain.
Corero Network Security plc
("Corero", or "the Company")
Significant strategic global partnership announced between
Corero and Akamai
Corero Network Security plc (AIM: CNS), the specialists in
distributed denial of service (DDoS) protection solutions, and
Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that
powers and protects life online, have entered into a global
partnership agreement with Akamai now offering Corero on-premises
DDoS protection to extend Akamai Prolexic, Akamai's own
comprehensive portfolio of DDoS security solutions.
Akamai Prolexic On-Prem (powered by Corero) will offer customers
flexible, automatic DDoS protection in their own networks,
datacenters and self-hosted environments using Corero's SmartWall
ONE DDoS protection solutions. Akamai Prolexic Hybrid will combine
on-premises DDoS protection from Corero with Akamai Prolexic cloud
DDoS defense into a comprehensive hybrid DDoS protection
solution.
Both companies plan to deepen the collaboration further to
provide industry-leading infrastructure security solutions by
extending seamless cloud signaling, automation, and threat
intelligence reporting.
This partnership will expand Corero's routes to market and
deliver incremental revenue growth opportunities for Corero.
Ashley Stephenson, Chief Technology Officer, commented:
"This global partnership, with a recognised industry leader, to
extend the Akamai Prolexic security offering with on-premises DDoS
protection powered by Corero, is a significant endorsement of our
SmartWall ONE product family and will strategically expand Corero's
presence in the market.
"The combination of Corero and Akamai's highly complementary
technologies for on-premises and cloud DDoS defense will deliver a
best-in-class hybrid DDoS protection solution to meet the evolving
needs of customers to provide effective protection from one of the
most prevalent forms of cyberattacks."
Enquiries:
Corero Network Security plc Tel: +44 (0) 20 7390 0230
Jens Montanana, Executive Chairman
Phil Richards, CFO
Tel: +44 (0) 20 7523 8000
Canaccord Genuity Limited (Nominated Adviser
and Broker)
Simon Bridges / Andrew Potts / Harry Rees
Tel: +44 (0) 20 7390 0230
Vigo Consulting
Jeremy Garcia / Kendall Hill
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.
Corero's technology protects against external and internal DDoS
threats in complex edge and subscriber environments, ensuring
internet service availability. With operational centres in
Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is
headquartered in London and listed on the London Stock Exchange's
AIM market (Ticker: CNS).
For more information, visit www.corero.com , and follow us on
LinkedIn and Twitter .
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END
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