IPS Securex secures growth with US$64m Hyperspike deal

The agreement will last for five years.

The integrated solutions company is moving onto bigger and better things, and its recent deal with Hyperspike has marked its elevation into a new level.

According to RHB Research, the deal is IPS’ largest win to date on the Hyperspike front and is a testament to the product’s quality and market acceptance.

“The deal is likely to provide a significant positive bump and, at the same time, provide a stable USD12.9m base to its earnings for the next five years,” RHB Research added.

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