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Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>WANdisco&rsquo;s $4.3m contract win with a major financial institution is the company&rsquo;s largest to date and should leave our FY17 bookings and revenue estimates well underpinned. The deal, which was delivered via the IBM OEM partnership, also helps put into context the rationale for the recent fund-raise to support a faster roll-out of the OEM strategy. We expect an acceleration in commercial momentum from here.</p>

WANdisco&rsquo;s $4.3m contract win with a major financial institution is the company&rsquo;s largest to date and should leave our FY17 bookings and revenue estimates well underpinned. The deal, which was delivered via the IBM OEM partnership, also helps put into context the rationale for the recent fund-raise to support a faster roll-out of the OEM strategy. We expect an acceleration in commercial momentum from here.

WANdisco plc

WANdisco - Record contract win