Elephant Talk Extends Gains In #PreMarket On HP Sales Collaboration
Elephant, which provides software to mobile network operators, is down 27 percent year to date on mounting losses and uneven revenue.
The company said its software-defined network architecture product will now include HP's Integrated Home Subscriber Server, which manages subscription-related information.
Elephant's Chief Technology Officer Martin Zuurbier said the agreement results from 'long-standing cooperation" between Elephant Talk and HP.
Elephant in pre-market activity traded recently at $0.90 per share, up nearly nine percent.
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