GLOBO to launch mobile server product

GLOBO, a mobile solutions and software as a service (SaaS) provider, has signed a new contract with a European mobile network operator, for the commercial launch of its GO!Enterprise Server.

The contract, which is the first of its type for the server product, targets commercialisation of both GO!Enterprise Office (secure e-mail, files, messaging and personal information management) and GO!Enterprise Mobilizer (development of mobile apps that connect to enterprise systems).

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

The server is a platform for the mobilisation of business apps and software across any mobile operating system, as well as for secure wireless mail.

GLOBO's Chief Executive Officer Costis Papadimitrakopoulos, said: "Our strategy for the commercialisation of GO!Enterprise Server is to target both MNOs [mobile network operators] and IT [information technology] distributors and we believe there is a major opportunity from offering GO!Enterprise Server to both existing and potential MNO customers.

"GO!Enterprise Server is being offered under its own brand rather than following the white-label strategy of CitronGO! As a result, growing recognition of the GO!Enterprise Server brand is adding value to GLOBO as well as supporting our sales and marketing activities."

The share price fell 1.82% to 20.25p by 10:28.

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.