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RNS Number : 6926U Cirata PLC 11 August 2025
11 August 2025
Cirata plc
("Cirata" or the "Company")
Completion of DevOps Divestment
Cirata plc (LSE: CRTA) today announces the successful completion of the
divestment of its DevOps assets (the "Transaction"), further to the Company's
announcement of 15 July 2025.
Cirata received $2.5m upon successful closing of the Transaction with
BlueOptima Ltd ("BlueOptima") (a UK-based leading provider of software
engineering insights). Final consideration of up to $1.0m will be payable in
December 2025, conditional upon the transfer of Cirata's DevOps customers to
BlueOptima. Further updates will be provided as appropriate.
This divestment reconfirms Cirata's focus on leveraging the growth potential
of its Data Integration ("DI") business, the Company's core growth driver.
For further information, please contact:
Cirata +1 (925) 380 1728
Stephen Kelly, Chief Executive Officer
Ricardo Moura, Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting +44 (0)20 3727 1137
Matt Dixon / Kwaku Aning / Usama Ali
Stifel (Nomad and Joint Broker) +44 (0)20 7710 7600
Fred Walsh / Brough Ransom / Ben Good
Panmure Liberum (Joint Broker) +44 (0)20 3100 2000
Max Jones / John More
About Cirata
Cirata, accelerates data-driven revenue growth by automating data transfer and
integration to modern cloud analytics and AI platforms without downtime or
disruption. With Cirata, data leaders can leverage the power of AI and
analytics across their entire enterprise data estate to freely choose
analytics technologies, avoid vendor, platform, or cloud lock-in while making
AI and analytics faster, cheaper, and more flexible. Cirata's portfolio of
products and technology solutions make strategic adoption of modern data
analytics efficient and automated.
For more information about Cirata, visit www.cirata.com
(http://www.cirata.com) .
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