Brief: Napatech Signs Breakthrough Contract With Tier-1 Global Semiconductor Supplier

Napatech A/S

22/12/2022 07:05

Dec 22 (Reuters) - Napatech A/S  NAPA.OL :
    * NAPATECH SIGNS BREAKTHROUGH CONTRACT WITH TIER-1 GLOBAL
SEMICONDUCTOR SUPPLIER
    * ENTERED INTO A MATERIAL AND MULTI-FACETED AGREEMENT WITH A
TIER-1 GLOBAL SEMICONDUCTOR LEADER TO DEVELOP NEW HARDWARE AND
SOFTWARE SOLUTIONS
    * INITIAL TERMS OF MULTI-YEAR AGREEMENT TOTAL $5M USD IN
REVENUE
DURING FIRST YEAR, WITH $4M USD INVOICED IN DECEMBER 2022

Source text for Eikon:  ID:nObigVWw7a 
Further company coverage:  NAPA.OL 
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