De La Rue secures 5-year extension to Microsoft contract

De La Rue said on Wednesday that it has signed a five-year renewal of its contract with Microsoft for the supply of "innovative authentication solutions" to the company’s OEM, Retail and Xbox channels.

This extends the relationship between the two companies out to 2029.

"De La Rue will supply solutions to Microsoft partners around the world, delivering innovative brand protection through unique physical and digital technologies, while continuing to reduce carbon footprint," it said.

Dave Sharratt, managing director of Authentication at De La Rue, said: "This contract extension is another example of how we have been successfully building De La Rue's Authentication division to drive substantial long-term growth, as we continue to deliver the most secure and technologically advanced products and services to our customers."