Corero inks three-year deal as product wins award

Corero Network Security announced a new three-year partnership with US-based A2 Hosting, a provider of high-performance hosting solutions, on Friday.

The AIM-traded firm said the agreement signified a transition to a longer-term contract.

Under the deal, A2 Hosting's customers would continue to have access to Corero's advanced DDoS protection solutions.

That, the company said, would ensure the security and availability of A2 Hosting's various high-performance web hosting services, including shared hosting, VPS hosting, dedicated hosting, and reseller hosting.

In addition to the contract renewal, Corero said it had been awarded ChannelVision's 2024 Visionary Spotlight Award (VSA) for Cybersecurity Business Technology, for its Corero ‘SmartWall ONE’ DDoS protection solution.

The board said SmartWall ONE was evaluated based on criteria such as overall innovation, future industry impact, creativity, feature set differentiation, ease of use, and interoperability.

“Firstly, we are delighted to be further deepening our partnership with A2 Hosting,” said chief executive officer Carl Herberger.

“The transition to a long-term agreement is a testament to the effectiveness of our DDoS protection solutions and our commitment to supporting A2 Hosting's business objectives.

“We look forward to continuing to help A2 Hosting deliver secure and reliable services to its customers.”

Herberger said the company was also “thrilled” that SmartWall ONE had again been singled out as a “best-in-breed” DDoS protection solution.

“Winning ChannelVision's award speaks volumes to the trust leading cloud protection providers place in us and our ongoing commitment to protecting our customers from potentially reputation-damaging cyberthreats.”

At 0854 BST, shares in Corero Network Security were down 0.4% at 14.94p.

Reporting by Josh White for Sharecast.com.