Cirata PLC Marvell Contract Renewal

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	[phone]
Stephen Kelly, Chief Executive Officer
Ricardo Moura, Chief Financial Officer
Daniel Hayes, Investor Relations
FTI Consulting	[phone]
Matt Dixon / Kwaku Aning / Usama Ali
Stifel (Nomad and Joint Broker)	[phone]
Fred Walsh / Ben Good / Sarah Wong
Panmure Liberum (Joint Broker)	[phone]
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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