STOCKHOLM, June 13, 2019 /PRNewswire/ -- Enea has signed an
agreement with a total value of 2.8 MUSD over two years, covering
embedded Deep Packet Inspection (DPI) technology for a US-based
market leader in cloud technology and SD-WAN solutions for
enterprises.
The deal, which is part of Enea's expected business volume,
includes both software licenses as well as associated support and
maintenance. Revenues are recognized over 2019 and 2020, starting
with 0.9 MUSD in Q219.
The agreement covers Enea's Qosmos ixEngine, which is a
DPI-based classification and metadata engine that recognizes over
3,200 protocols and can extract over 5,000 metadata.
Qosmos ixEngine will be embedded inside a networking solution
and will provide detailed understanding of network traffic, used
for applications such as WAN optimization, Quality of Service
(QoS), firewalling, and reporting."This confirms Enea's position as
the leading provider of DPI technology for the SD-WAN market," said
Jan Häglund, President and CEO of Enea.
This information is information that Enea AB (publ) is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency
of the contact person set below, on June
13, 2019 at 17.00 CET.
For more information visit www.enea.com/investors or
contact:
Jan Häglund, President & CEO
E-mail: jan.haglund@enea.com
Renée Johnson, Executive Assistant
Phone: +46709710178
E-mail: renee.johnson@enea.com
About Enea
Enea develops the software foundation for the connected society.
We provide solutions for mobile traffic optimization, subscriber
data management, network virtualization, traffic classification,
embedded operating systems, and professional services. Solution
vendors, systems integrators, and service providers use Enea to
create new world-leading networking products and services. More
than 3 billion people around the globe already rely on Enea
technologies in their daily lives. Enea is listed on Nasdaq
Stockholm. For more information: www.enea.com
Enea®, Enea OSE®, Netbricks®, Polyhedra®, Zealcore®, Enea®
Element, Enea® Optima, Enea® LINX, Enea® Accelerator, Enea® dSPEED
Platform and COSNOS® are registered trademarks of Enea AB and its
subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Optima Log
Analyzer, Enea® Black Box Recorder, Polyhedra® Lite, Enea® System
Manager, Enea® ElementCenter NMS, Enea® On-device Management and
Embedded for LeadersTM are unregistered trademarks of Enea AB or
its subsidiaries. Any other company, product or service names
mentioned above are the registered or unregistered trademarks of
their respective owner. © Enea AB 2019
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SOURCE Enea AB