WANdisco’s designation as an Amazon Web Services (AWS) Advanced Technology Partner strengthens its position in the cloud ecosystem. We believe that a large, strategic deal remains in the pipeline, and the $17.5m capital raising (at a premium), should reassure potential partners. Our estimates are adjusted to reflect the new shares, but are otherwise unchanged. As highlighted in our last update note, there could be upside to FY19 estimates if a strategic deal is secured.
15 Feb 2019
WANdisco - Increasing importance in the cloud ecosystem
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WANdisco - Increasing importance in the cloud ecosystem
Cirata Plc (CRTA:LON) | 66.5 -1.3 (-3.0%) | Mkt Cap: 76.4m
- Published:
15 Feb 2019 -
Author:
Dan Gardiner -
Pages:
3
WANdisco’s designation as an Amazon Web Services (AWS) Advanced Technology Partner strengthens its position in the cloud ecosystem. We believe that a large, strategic deal remains in the pipeline, and the $17.5m capital raising (at a premium), should reassure potential partners. Our estimates are adjusted to reflect the new shares, but are otherwise unchanged. As highlighted in our last update note, there could be upside to FY19 estimates if a strategic deal is secured.