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Divio Technologies

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Divio receives an order of SEK 12 million and an advance payment of SEK 8 million by renewing the support agreement with one of its largest customer until the end of 2026

MAR

Divio Technologies AB (publ) announces that it has renewed the support agreement with one of its largest customers until the end of 2026. Through the agreement, an order value of approximately SEK 12 million is secured. About SEK 8 million of the total contract value will be prepaid by the customer in Q1 2024 and the agreement will increase the MRR by approximately 2.800 USD per month.

"We are happy to announce that one of our most important customers has chosen to extend their support contract with us. In addition to offering an outstanding product overall, they are extending the contract because of our solution-oriented consultative support with quick response, which is extremely valuable to all our customers", says Divio's CEO Jon Levin.

Press enquiries

For further information about Divio Technologies, please visit divio.com or contact CEO Jon Levin (ir@divio.com)
The company’s Certified Adviser is FNCA Sweden AB.

About Divio Technologies

Divio Technologies AB (Publ) is the PaaS and Cloud Management Software development group behind the Divio platform, which simplifies cloud hosting, deployment and development via a PaaS solution. The platform allows enterprises to reduce costs, time to market and the burden on employees, as well as decreasing dependency on cloud vendors.

This information is information that Divio Technologies is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-01-11 12:00 CET.

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Divio receives an order of SEK 12 million and an advance payment of SEK 8 million by renewing the support agreement with one of its largest customer until the end of 2026

Datum 2024-01-11, kl 12:00
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Divio receives an order of SEK 12 million and an advance payment of SEK 8 million by renewing the support agreement with one of its largest customer until the end of 2026
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