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Australia's Activeport surges on three-year software deal with ASX-listed IT firm

BUZZ-Australia's Activeport surges on three-year software deal with ASX-listed IT firm

** Shares of Australia's Activeport Group ATV.AX rise as much as 9.1% to A$0.012, their biggest intraday pct gain since September 16

** Network automation software firm signs three-year agreement with Atturra ATA.AX to provide software for network, cloud, compute and GPU services

** Deal includes upfront customisation payment and recurring annual licence fees

** About 2.8 million shares change hands, about 1.17x the 30-day average volume

** Stock down nearly 40% YTD


(Reporting by Swetha Lakshmi in Bengaluru)

((Swetha.Lakshmi@thomsonreuters.com))

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