Enea signs a software licensing contract worth 520,000 Euro with a medical equipment customer
STOCKHOLM, Sweden, Oct 6, 2010 – Enea (NASDAQ OMX Nordic:ENEA) today announced an agreement with a European provider of equipment to the medical market. The customer will upgrade its software platform to a multicore solution and has decided to invest in Enea’s realtime operating system Enea OSE Multicore edition (www.enea.com/ose) and Enea’s development tool Optima (www.enea.com/optima).
Multicore means that the hardware chip has more than one core, requiring new versions of the operating system that can handle multiple cores. The customer is moving to a hardware platform based on multicore technology to reduce cost and to increase performance.
“Multicore is a fast growing market and this deal is yet another proof that Enea has a strong presence and the best products within this technology area.” says Per Åkerberg, President and CEO for Enea. “The customer wanted a strong technical solution but also a reliable supplier that can support them for many years. Enea was chosen due to its innovative and stable solutions for the future.”
The total value of 520,000 Euro is split between development licenses and production licenses with 70% of the revenue being recognized in the third quarter 2010 and 30% later in the customer’s production phase.