Cirata PLC Marvell Contract Renewal
December 09 2024 - 1:00AM
RNS Regulatory News
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
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END
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