Brief: Divio Renews Support Agreement With Customer Until End Of 2026

Divio Technologies AB

11/01/2024 12:09

Jan 11 (Reuters) - Divio Technologies AB  DIVIOb.ST :
    * DIVIO RECEIVES AN ORDER OF SEK 12 MILLION AND AN ADVANCE
PAYMENT
OF SEK 8 MILLION BY RENEWING THE SUPPORT AGREEMENT WITH ONE OF
ITS LARGEST CUSTOMER UNTIL THE END OF 2026
    * ABOUT SEK 8 MILLION OF TOTAL CONTRACT VALUE WILL BE
PREPAID BY
CUSTOMER IN Q1 2024
    * AGREEMENT WILL INCREASE MRR BY APPROXIMATELY 2.800 USD PER
MONTH.
    * THROUGH AGREEMENT, AN ORDER VALUE OF APPROXIMATELY SEK 12
MILLION IS SECURED

Source text for Eikon:  ID:nMFN7fBY5r 
Further company coverage:  DIVIOb.ST 

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