VirnetX and Zeleration Technology Forge Strategic Partnership To Elevate Privacy In Online Communications
Portfolio Pulse from Benzinga Newsdesk
VirnetX Holding Corporation (NYSE:VHC) has signed a non-exclusive agreement with Zeleration Technology to integrate and support VirnetX's Cybersecurity and Secure Communication Solutions within Zeleration's ecosystem. The partnership aims to enhance privacy in online communications, particularly for businesses in consulting, finance, accounting, and law. The collaboration will leverage VirnetX's War Room and One Security Platform technologies, which provide robust security and privacy benefits.
September 19, 2023 | 1:26 pm
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POSITIVE IMPACT
VirnetX's partnership with Zeleration Technology could potentially increase the adoption of its Cybersecurity and Secure Communication Solutions, which may positively impact its revenues and stock price in the short term.
The partnership with Zeleration Technology opens up new markets for VirnetX's Cybersecurity and Secure Communication Solutions, particularly in consulting, finance, accounting, and law sectors. This could lead to increased sales and revenues, which would likely have a positive impact on the company's stock price.
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