Exela Technologies announces $35M breach remediation notification contract

Magnifying Glass Examining Signed Legal Contract

peepo

  • Exela Technologies (NASDAQ:XELA) soared in premarket trading on Monday as the business process automation firm announced a contract win valued at over $35 million.
  • The short-term strategic contract in security breach remediation began in June and is expected to conclude next month.
  • The project would be accretive to the company’s ITPS segment, XELA added. 
  • XELA +40.69% premarket to $2.87
  • Source: Press Release

Leave a Reply

Your email address will not be published. Required fields are marked *