Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Corero inks three-year deal as product wins award

(Sharecast News) - Corero Network Security announced a new three-year partnership with US-based A2 Hosting, a provider of high-performance hosting solutions, on Friday. The AIM-traded firm said the agreement signified a transition to a longer-term contract.

Under the deal, A2 Hosting's customers would continue to have access to Corero's advanced DDoS protection solutions.

That, the company said, would ensure the security and availability of A2 Hosting's various high-performance web hosting services, including shared hosting, VPS hosting, dedicated hosting, and reseller hosting.

In addition to the contract renewal, Corero said it had been awarded ChannelVision's 2024 Visionary Spotlight Award (VSA) for Cybersecurity Business Technology, for its Corero 'SmartWall ONE' DDoS protection solution.

The board said SmartWall ONE was evaluated based on criteria such as overall innovation, future industry impact, creativity, feature set differentiation, ease of use, and interoperability.

"Firstly, we are delighted to be further deepening our partnership with A2 Hosting," said chief executive officer Carl Herberger.

"The transition to a long-term agreement is a testament to the effectiveness of our DDoS protection solutions and our commitment to supporting A2 Hosting's business objectives.

"We look forward to continuing to help A2 Hosting deliver secure and reliable services to its customers."

Herberger said the company was also "thrilled" that SmartWall ONE had again been singled out as a "best-in-breed" DDoS protection solution.

"Winning ChannelVision's award speaks volumes to the trust leading cloud protection providers place in us and our ongoing commitment to protecting our customers from potentially reputation-damaging cyberthreats."

At 0854 BST, shares in Corero Network Security were down 0.4% at 14.94p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Brave Bison pre-tax profits grow in H1
(Sharecast News) - Digital advertising company Brave Bison said on Monday that adjusted pre-tax profits had grown in the six months ended 30 June, leaving it confident of its ability to meet current market expectations for FY24.
Fonix Mobile ends year ahead of market expectations
(Sharecast News) - Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday.
Tristel flags forecast-busting full-year results
(Sharecast News) - Infection prevention products manufacturer Tristel released a robust trading update for the year ended 30 June on Monday, with revenues and pre-tax profits surpassing market expectations.
Balanced Commercial Property sells Curzon Street office holding
(Sharecast News) - Balanced Commercial Property Trust announced the sale of its multi-let office holding at 17A Curzon Street, London W1 on Monday.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.