REG - Cirata PLC - Marvell Contract Renewal

CirataAnnouncement

09/12/2024 07:00

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RNS Number : 3036P  Cirata PLC  09 December 2024

[9 December 2024]

 

Cirata plc

("Cirata" or the "Company")

Marvell Contract Renewal

 

Cirata plc (LSE: CRTA) is pleased to announce that Marvell Semiconductor, Inc.
has renewed its existing contract for Cirata's GiT Multisite for Gerrit
product for an additional 12 months, with the term expiring in January of
2026. The total consideration for the term licence and accompanying support
services is $401,184.

 

Stephen Kelly, CEO of Cirata, commented: "The renewal with Marvell represents
a positive move with another renewal and worthy of keeping investors appraised
as we progress through Q4 FY24. The semi-conductor market continues to provide
a strong product market fit with Cirata's DevOps Multisite product for
existing and potential new customers."

 

 

This announcement contains inside information under the UK Market Abuse
Regulation. The person responsible for arranging the release of this
announcement on behalf of Cirata plc is Larry Webster, Company Secretary.

 

 

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 / Ben Good / Sarah Wong

 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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