SolarWinds Partnership update
Following its recently announced selection by US-based SolarWinds, to be its first and only Threat Monitoring Service Provider (TMSP) in the UK and South Africa, the Group announces its collaboration is now an exclusive partnership. In addition, Falanx has released further information on commercial pricing, quantifying the potential financial benefits of the partnership over the near term. Although we leave estimates unchanged at present, the release underscores the potential for Falanx to capture material benefits from its partnership with SolarWinds through the delivery of managed security services in partnership with SolarWinds TMSPs and also through the opportunity to cross sell its own product and service portfolio to SolarWinds’ extensive network of clients. We look forward to further updates.