Stockholm, Sweden, June 13, 2019 – Enea® (Nasdaq Stockholm: ENEA) has signed an agreement with a total value of 2.8 MUSD over two years, covering embedded Deep Packet Inspection (DPI) technology for a US-based market leader in cloud technology and SD-WAN solutions for enterprises.
The deal, which is part of Enea’s expected business volume, includes both software licenses as well as associated support and maintenance. Revenues are recognized over 2019 and 2020, starting with 0.9 MUSD in Q219.
The agreement covers Enea’s Qosmos ixEngine, which is a DPI-based classification and metadata engine that recognizes over 3,200 protocols and can extract over 5,000 metadata.