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Prophecy International Holdings Ltd ( (AU:PRO) ) just unveiled an announcement.
Prophecy International Holdings Ltd has entered a strategic global reseller agreement with Securonix, Inc., a US-based leader in Security Information and Event Management (SIEM). This partnership will allow Securonix to offer Prophecy’s Snare cybersecurity solutions to its extensive customer base, including Fortune 100 companies, across various sectors and geographies. The deal is expected to generate over $1 million in new annual recurring revenue within the first year. By integrating with Securonix’s AI-reinforced cloud SIEM platform, Prophecy aims to enhance its market reach and provide customers with improved tools to manage cyber threats effectively.
More about Prophecy International Holdings Ltd
Prophecy International Holdings Limited (ASX: PRO) is a leading Australian designer and developer of innovative business software. The company serves global markets with its two main products, Snare and emite, focusing on Cloud Data Management, Contact Centre Analytics, and Cyber Security. Prophecy operates internationally from locations in Australia, the United Kingdom, and the USA.
YTD Price Performance: 0.0%
Average Trading Volume: 43,836
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$39.39M
Find detailed analytics on PRO stock on TipRanks’ Stock Analysis page.
