WANdisco renews contract with Tesco Stores

Data specialist WANdisco announced the renewal of its software support and maintenance contract with Tesco Stores on Monday.

The AIM-traded firm said the two-year agreement, valued at $0.2m, encompassed support and maintenance services for Tesco's use of WANdisco's ‘Live Data Plane’ product.

It said the contract renewal was expected to generate revenue for WANdisco starting in the third quarter.

“The company continues to endeavour to share with investors news of new contracts and renewals, including those of smaller sizes, in order to communicate the ongoing progress being made in re-engaging with current and prospective customers and positioning WANdisco for long-term growth and success,” the board said in its statement.

Reporting by Josh White for Sharecast.com.