Software firm’s Chinese break

David Richards (front left) and the Wandisco team (hi-res version)
David Richards (front left) and the Wandisco team (hi-res version)
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Sheffield and Silicon Valley-based software company WANdisco has gained its first foothold in China.

The company, which raised almost £15 million when it floated on the Alternative Investment Market last month, has secured global information and communications technology company Huawei as a customer.

WANdisco has also added printer and photocopier group Ricoh and mailing equipment specialist Pitney Bowes to the list of customers using its software, which includes Cisco Systems, McGraw Hill, McAfee, ING and Disney.

And it has clinched two significant contracts with existing customers John Deere and Syniverse for a new online training product that it has developed.

WANdisco says in a trading update that it boosted licence fees by 60 per cent in the first six months of the year, with subscription bookings reaching £2.18 million, and it is expecting further growth in the second half.

The company adds that it is now in a strong position to accelerate its growth further by enlarging its sales team, investing in new products and as enhancing its existing product lines.

n WANdisco’s products dominate the software development market.

They are used by organisations that develop commercial software or bespoke administrative packages used in running their own businesses to keep track of different versions that have been created and ensure updates are made to the latest development version.

WANdisco will announce its interim results towards the end of September.