Internet security solutions developer Applicure Technologies Ltd. (TASE:APCR) yesterday signed a contract with US hosting services provider Codero Inc., which will offer Applicure solutions to its customers. The contract will run through the end of 2010, and can be extended.
Codero manages more than 6,000 servers for customers, and provides related services as well. The deal greatly expands Applicure's customer base.
Applicure will offer is products to Codero customers on a Software as a Service (SaaS) basis for a monthly fee.
Applicure's share rose 9.3% yesterday, but dipped 0.5% at the opening today to NIS 4.60, giving a market cap of NIS 11.5 million.
Published by Globes [online], Israel business news - www.globes-online.com - on October 22, 2009
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