KVH And Kognitive Networks Sign Exclusive Maritime Agreement
Portfolio Pulse from Benzinga Newsdesk
KVH Industries, Inc. (NASDAQ:KVHI) and Kognitive Networks Inc. have announced an exclusive, multi-year maritime agreement. KVH will integrate Kognitive's network and bandwidth management tools into its mobile communication service offerings. The new suite of tools will offer onboard network infrastructure integration and management, with features such as real-time data metering and analysis, advanced routing and channel bonding, network protection and security, and easy network and bandwidth management via a mobile application. This technology will be integrated into the KVH ONE OpenNet Program and will enhance KVH's TracNet™ and TracPhone® connectivity systems.
October 30, 2023 | 12:46 pm
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KVH Industries has entered into a partnership with Kognitive Networks to integrate their network and bandwidth management tools into KVH's offerings. This could enhance KVH's product portfolio and potentially increase its market share in the maritime communication services sector.
The partnership with Kognitive Networks allows KVH Industries to enhance its product offerings with advanced network and bandwidth management tools. This could make KVH's products more attractive to potential customers, potentially leading to increased sales and a positive impact on the company's stock price in the short term.
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