logo-loader
viewMirada PLC

Mirada signs its largest partnership deal to date with global technology and consulting company Indra

The AIM-listed audio-visual content interaction specialist said Indra will act as a global reseller of Mirada's cutting-edge digital TV products with initial activities underway in South East Asia

Handshake
The firm said the partnership provides the potential for Mirada to greatly increase its geographic reach in terms of sales and marketing

Mirada Plc (LON:MIRA) shares jumped higher on Tuesday following news it has signed a significant partnership agreement with global technology and consulting company Indra Sistemas SA, its largest partnership deal to date.

The AIM-listed audio-visual content interaction specialist said Spain-listed will act as a global reseller of Mirada's cutting-edge digital TV products with initial activities underway in South East Asia.

READ: Mirada expects World Cup to boost 2019 revenues after robust 2018 results

The firm said the partnership provides the potential for Mirada to greatly increase its geographic reach in terms of sales and marketing.  

It added that Indra had been seeking a digital TV partner to complement the product and services portfolio it provides to telecoms and media operators as prime contractor.

The company said it selected Mirada owing to the scalability and advanced capabilities of its Iris Multiscreen product, which can be offered to both low and high-volume operators, as well as serve different tiers of their subscribers in terms of revenues.

José Luis Vázquez, Mirada’s commented: "With Indra having a global presence and a highly-regarded reputation globally, the partnership plays an integral part in Mirada's strategy to expand into new markets.

“This is the largest partnership we have signed to date and we are excited about the possibilities it presents."

In morning trading, Mirada shares were 10.7% higher at 0.78p.

Quick facts: Mirada PLC

Price: 135 GBX

AIM:MIRA
Market: AIM
Market Cap: £12.03 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Southern Gold active on the ground in South Korea with multiple rigs and...

Southern Gold Limited's (ASX:SAU) managing director Simon Mitchell tells Proactive London's Andrew Scott they're looking to become recognised as the go-to name for exploration in South Korea.  ''We're now 100% focused on South Korea and I think that's been well received by the market to...

10 hours, 40 minutes ago

RNS

Interim Results

4 days, 18 hours ago

Interim Results

4 days, 18 hours ago

Notice of Results

1 week, 2 days ago

Notice of GM

1 week, 4 days ago

Total Voting Rights

on 30/9/19

New Contract Win

on 4/9/19

2 min read