Corero Network Security strikes five-year contract extension
By Iain Gilbert
Date: Tuesday 27 May 2025
(Sharecast News) - Distributed denial of service protection specialists Corero Network Security said on Tuesday that it had secured a five-year, $1.2m expansion to its partnership with Lightedge, a leading provider of secure, compliant hybrid infrastructure and services.
Corero said the new agreement extended its high-performance DDoS protection across Lightedge's growing network of data centres in both the United States and globally, replacing an existing provider in part of the infrastructure.
The AIM-listed firm stated the expanded deployment strengthens Lightedge's defence against "increasingly sophisticated DDoS attacks" targeting cloud service providers and critical infrastructure.
Corero added that the contract expansion reflected a broader industry shift toward flexible, AI-ready security architectures that adapt in real-time-without manual intervention or costly downtime, which its DDoS protection supports.
Chief executive Carl Herberger said: "Lightedge is helping businesses thrive in the hybrid cloud era - where performance, compliance, and uptime are non-negotiable. We're proud to deepen our partnership with Lightedge, delivering protection that's as scalable and dynamic as the threats it defends against."
As of 1000 BST, Corero shares were up 3.11% at 16.24p.
Reporting by Iain Gilbert at Sharecast.com
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