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Pexip awarded the Carnegie Sustainability Award 2021


Pexip awarded the Carnegie Sustainability Award 2021
STOCKHOLM, May 20, 2021 /PRNewswire/
Pexip Holding ASA ( Pexip ) has been awarded 1st place in the category, Best Newcomer, chosen among 360 listed companies in the Nordic markets analyzed by the Nordic investment bank Carnegie. The Sustainability Awards are presented in the categories Large-cap, Small-cap and Best Newcomer, to companies driving sustainable growth.
The award is intended to put the spotlight on sustainability metrics that create shareholder value and present good examples to inspire companies and investors. When capital is reallocated, the pressure on corporate transition efforts is increased , says Lena Österberg, Head of Sustainability, Research & Strategy at Carnegie. From our perspective we can see that companies contributing to a more sustainable world are also the winners in the market. , ....

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Pexip delivers strong growth and early market traction on new technology innovation


Pexip delivers strong growth and early market traction on new technology innovation
Oslo, Norway, May 6, 2021 - The video communications provider, Pexip, today presented its quarterly results for the first quarter of 2021.
Pexip AS
Q1 2021
Pexip s subscription base measured in Annual Recurring Revenue (ARR) reached USD 87.2 million in Q1 2021, up from USD 56.7 million in Q1 2020, representing an increase of 54%. The growth was driven by several key customer wins including: New South Wales Health in Australia (USD 2.4 million over three years), to help power virtual healthcare visits; the UK Foreign, Commonwealth & Development Office (more than USD 1 million over three years), to enable connectivity between their video conferencing equipment and Microsoft Teams; and Honeywell, the American Fortune 500 conglomerate (undisclosed contract value), to provide the company’s video rooms with features such as Microsoft Teams interoperability and One Touch Join functional ....

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