ENEA SIGNS 10 MSEK AGREEMENT FOR 5G WITH MAJOR CUSTOMER
Enea has today signed an Enea OSE agreement for 5G radio networks worth 10 MSEK with a major customer. The agreement includes the right to use already licensed and shipped software for 5G and a new basis for reporting royalties. The agreement will have a positive effect on Q2 while it does not alter the continued decline in royalties due to the increasing use of open source.
With the introduction of 5G networks, access systems must be able to handle considerably higher bandwidth, far lower latencies and massive connection density. While the trend to introduce open source software in telecom systems continues Enea OSE provides the low latency and high throughput needed in a platform that also provides a migration path for future software updates into 5G.
Enea OSE is the most widely deployed commercial operating system in radio base stations in the world. It is a robust, high-performance real-time operating system optimized for multicore processors in telecom and networking applications. It can be deployed stand-alone on dedicated hardware, together with Linux in an AMP solution, or as a guest operating system in a virtualized environment.
This information is information that Enea AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on June 5, 2018 at 01:30 pm CEST.
For more information visit www.enea.com/investors or contact:
Anders Lidbeck, President & CEO
E-mail: anders.lidbeck@enea.com
Julia Steffensen, Executive Assistant
Phone: +46 70 971 03 33
E-mail: julia.steffensen@enea.com
About Enea
Enea develops the software foundation for the connected society. We supply open-source based NFVI software platforms, embedded DPI software, Linux and real-time operating systems, and professional services. Solution vendors, Systems Integrators, and Service Providers use Enea to create world-class networking products and services. More than 3 billion people around the globe already rely on Enea technologies in their daily lives. Enea is listed on Nasdaq Stockholm.
For more information: www.enea.com
Enea®, Enea OSE®, Netbricks®, Polyhedra®, Zealcore®, Enea® Element, Enea® Optima, Enea® LINX, Enea® Accelerator, Enea® dSPEED Platform and COSNOS® are registered trademarks of Enea AB and its subsidiaries. Enea OSE®ck, Enea OSE® Epsilon, Enea® Optima Log Analyzer, Enea® Black Box Recorder, Polyhedra® Lite, Enea® System Manager, Enea® ElementCenter NMS, Enea® On-device Management and Embedded for LeadersTM are unregistered trademarks of Enea AB or its subsidiaries. Any other company, product or service names mentioned above are the registered or unregistered trademarks of their respective owner. © Enea AB 2018