Corero Network Security Partners with Nextwave to Expand DDoS Protection into Thailand
Rhea-AI Summary
Corero Network Security (OTCQX: DDOSF) has announced a strategic partnership with Nextwave Thailand to expand its DDoS protection services in Southeast Asia. The partnership comes at a crucial time when Thailand is experiencing increased cyber threats, particularly DDoS attacks targeting government and public sector organizations.
Under the agreement, Nextwave becomes Corero's exclusive distributor in Thailand, offering comprehensive DDoS defense solutions including SmartWall ONE™ and the new CORE platform with Zero Trust Admission Control and Traffic Analysis. The partnership aims to enhance network resilience and business continuity for Thai organizations amid rising cybersecurity challenges.
Positive
- Strategic expansion into the growing Southeast Asian cybersecurity market
- Exclusive distribution agreement in Thailand with established local partner
- Entry into market with increasing DDoS protection demand
- Introduction of advanced security solutions to an underserved market
Negative
- Heavy reliance on single distributor for entire Thai market
- Entering market where DDoS protection adoption is still low
News Market Reaction – DDOSF
On the day this news was published, DDOSF declined 4.48%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Nextwave becomes Corero's sole distributor in
"It's an honor to serve the Thai community and partner with a leading distributor. Both companies are committed to customer success, making this a natural fit. Together we look forward to helping businesses remain not only resilient but to thrive," said Carl Herberger, CEO at Corero Network Security.
The addition of Nextwave to Corero's partner ecosystem underscores the company's mission to deliver advanced availability, security, and resilience solutions worldwide.
"We are proud to be the first to bring Corero's world-class DDoS protection solutions into
About Corero Network Security
Corero Network Security is a leading provider of DDoS protection solutions, specializing in automatic detection and protection solutions with network visibility, analytics, and reporting tools. Corero's technology protects against external and internal DDoS threats in complex edge and subscriber environments, ensuring internet service availability. With operational centers in
View original content to download multimedia:https://www.prnewswire.com/news-releases/corero-network-security-partners-with-nextwave-to-expand-ddos-protection-into-thailand-302552950.html
SOURCE Corero Network Security