Cognyte Software Expands Relationship With APAC Security Client on $5 Million Upgrade Deal

MT Newswires Live
05/20

Cognyte Software (CGNT) won a roughly $5 million upgrade agreement with unnamed national security agency customer in the Asia-Pacific region, the company said Wednesday.

The long-standing customer will upgrade its investigative analytics environment using Cognyte Software's latest platform, adding AI-enabled tools to speed up investigations, improve intelligence workflows, and strengthen threat resolution, the company added.

Cognyte said the upgrade reflects continued adoption of its analytics tools and improves the customer's ability to manage rising data volumes and operational demands.

Shares of the company were down nearly 1% in premarket activity Wednesday.

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