Corero expands network security partnership with Netceed to UK

LONDON - Corero Network Security (AIM:CNS) (OTCQX:DDOSF), a cybersecurity firm with a market capitalization of $3.43 billion and robust revenue growth of 11.54% over the last twelve months, announced Wednesday the expansion of its strategic partnership with Netceed into the United Kingdom, extending their collaboration beyond the United States.

The expanded partnership will bring Corero’s DDoS protection, traffic analysis, and Zero Trust Admission Control solutions to UK service providers through Netceed’s distribution network.

"As a London-based company, we understand the challenges UK service providers face in delivering resilient and highly available services," said Carl Herberger, CEO at Corero Network Security.

Geoff Buddington, Managing Director at Netceed UK, stated, "As threats become more complex, service providers need security that works in real time and at scale."

The companies report that their existing partnership has delivered value to U.S. service providers, and the UK expansion aims to help local operators meet growing demand for secure connectivity.

Corero Network Security specializes in automatic detection and protection solutions with network visibility and analytics tools. The company is headquartered in London with operational centers in Massachusetts and Edinburgh.

Netceed operates as a distributor of telecommunications equipment with approximately 1,800 employees across 19 countries, offering over 90,000 products from nearly 1,500 suppliers.

This information is based on a press release statement from the companies.

In other recent news, Cohen & Steers reported its financial results for the second quarter of 2025, with earnings per share (EPS) of $0.73, missing the forecasted $0.76. However, the company exceeded revenue expectations, reporting $136.13 million against a forecast of $133.19 million. Additionally, Cohen & Steers announced a quarterly cash dividend of $0.62 per share, payable on August 21 to stockholders of record as of August 11. In strategic moves, the company formed a joint venture with Lincoln Property Company to acquire Cityline at Tenley, a retail center in Washington D.C.’s Tenleytown neighborhood. This retail center is located above the Tenleytown Metro Station and is anchored by a Target store. Further developments include the resignation of Executive Vice President and Chief Financial Officer Raja Dakkuri, effective October 17, 2025, with Michael Donohue stepping in as Interim CFO. Cohen & Steers also amended its $100 million credit facility with Bank of America, extending the maturity to August 15, 2029. These developments highlight the company’s ongoing strategic and financial activities.

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