Pivot to service-based model paying off for Corero
4th Jan 2017 14:35
(ShareCast News) - Network security company Corero Network Security announced on Wednesday that it has won five 'as-a-service' subscription-based contracts for its DDoS protection products and technology in the final quarter of 2016, with an aggregate annualised contract value of $0.3m. The AIM-trad
Read moreCorero issues 6,666 shares as options are exercised
9th Sep 2016 16:03
(ShareCast News) - Corero Network Security announced on Friday that it has allotted and issued 6,666 ordinary shares of 1p each in the capital of the company following the exercise of options. The AIM-traded company has made application for the 6,666 new ordinary shares to be admitted to trading on
Read moreCorero Network Security wins order for defence system
5th Jan 2016 07:56
(ShareCast News) - AIM-listed online protection solutions provider Corero Network Security has won a significant order for its SmartWall Threat Defense System (TDS) from a US hosting provider valued at over $400,000 (£272,000). Corero, which did not name the hosting provider, said the order is its l
Read moreCorero surges after signing major contract
2nd Oct 2015 08:50
(ShareCast News) - Shares in online protection solutions provider Corero Network Security soared after it announced a deal to sell its SmartWall Threat Defense System (TDS) to an unnamed FTSE 100 company. The deal, worth $700,000, will see AIM-listed Corero provide Distributed Denial of Service (DDo
Read moreCorero Network Security secures first order for its Line of Defence solution
18th Jun 2014 11:05
AIM-listed security solutions provider Corero Network Security announced it has secured its first largest Line of Defence solution contract for £0.5m. The order will provide protection for an unnamed Wall Street financial service firm and compromises several of the group's DDoS system and SecureW
Read moreCorero sees 40 per cent jump in sales order intake
10th Apr 2014 12:37
Corero Network Security, a network security company and provider of security protection, has seen a 40 per cent year-on-year increase in its sales order intake for the three months to March 31st. In the three-month period, Corero secured seven orders exceeding $100,000 from both new and existing c
Read moreCorero Network Security proposes sale of business systems arm
15th Jul 2013 10:01
Corero Network Security has entered into a conditional agreement to sell its holding in subsidiary Corero Business Systems (CBS). The company, which provides security for server targeted attacks that easily bypass firewalls, has proposed the sale of its entire legal and beneficial holding in the bu
Read moreCairn Energy announces stock purchases by three senior directors
20th Mar 2013 16:23
Cairn Energy on Wednesday announced that its Chief Executive, Deputy Chief Executive, and Managing Director / Chief Financial Officer all increased their holdings in the company, showing their faith after the group delivered a decline in full year pre-tax losses. Chief Executive Simon Thomson and
Read moreCorero proposes placing of 27m shares
8th Feb 2013 12:52
Shares in Corero Network Security dropped over 15 per cent on Friday after the network security and business software provider announced plans to place 27m shares at 15p each with both new and existing shareholders. The proposed placing would raise up to £4.05m before expenses, which would provide
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