Enea renews development and production license agreement worth 13.3 MEUR
STOCKHOLM, Sweden, 14 February, 2013 – Enea (NASDAQ OMX Nordic:ENEA) has signed an agreement with a European customer. Today’s agreement, worth 13.3 MEUR (111 MSEK) is a renewal of a previous agreement for the operating system Enea OSE. It includes development licenses, production licenses and support for a two year period.
“We are continuously investing in our key accounts and today’s agreement is clearly a proof of renewed trust. The customer has been increasingly successful and we therefor agreed to renew our current agreement to better reflect higher production volumes and increased investment levels. It’s pleasing to see growing revenues from yet another key account in the European region.”, said Anders Lidbeck, President and CEO of Enea. “Our operating systems have been successful in the telecom industry and are embedded in a majority of the 3G and 4G base stations in the world. Real-time operating systems, such as OSE, play an important role in the development of future telecom systems.”