Brief: Divio Technologies Extends Agreement With Existing Customer

Divio Technologies AB

21/12/2022 07:05

Dec 21 (Reuters) - Divio Technologies AB  DIVIOb.ST :
    * DIVIO RENEWS A CUSTOMER CONTRACT WITH AN MRR OF USD 1,400
AND A
MONTHLY PROFESSIONAL SERVICE OF USD 4,200, RESULTING IN A TOTAL
BUSINESS VALUE OF APPROXIMATELY USD 204,000
    * AN AGREEMENT WITH AN EXISTING CUSTOMER HAS BEEN EXTENDED
FOR A
TOTAL VALUE OF USD 204,000 UNTIL END OF 2025 (STARTING IN 2023)
    * CUSTOMER IS A GERMAN STATE-OWNED REGIONAL INSTITUTION
WHERE ONE
QUARTER OF BUSINESS VALUE CONSISTS OF SUBSCRIPTION REVENUES AND
REMAINDER OF EXPECTED PAYMENTS FOR PROFESSIONAL SERVICES

Source text for Eikon:  ID:nMFN7STyst 
Further company coverage:  DIVIOb.ST 
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