Canarys Automations' Subsidiary Wins US$ 250,000 Contract Order from LinkedIn Corporation
Canarys Corp, a wholly owned subsidiary of Canarys Automations Limited, has been awarded a contract by M/s. LinkedIn Corporation. The order focuses on providing specialized technology services related to Power Apps Development.LinkedIn Corporation, which has its registered office at 1000 W Maude Ave, Sunnyvale, CA 94085, engaged Canarys Corp for services covering the design, development, testing, deployment, and maintenance of a Power Platform-based marketing budget planning and management application.
The deal is classified as an international contract award, solidifying Canarys Automations Limited's presence in global technology markets.
Key Transaction Details
The specific terms and commercial considerations of the contract awarded to Canarys Corp include the following details:| Particulars | Details |
|---|---|
| Entity Awarded Order To | Canarys Corp, a 100% wholly owned subsidiary of Canarys Automations Limited |
| Client Location | International |
| Scope of Work | Providing Design, develop, test, deploy, and maintain a Power Platform-based marketing budget planning and management application |
| Contract Value | US$ 250,000 (US Dollar Two Hundred Fifty Thousand Only) |
| Engagement Period | The engagement is valid for a term of 10 months, starting from the date of signing of the Statement of Work (SOW). |
| Related Party Status | Not a related party transaction |
Commenting on the successful contract award, Sheshadri Srinivas, Chief Executive Officer (CEO) of Canarys Automations Limited, stated that Canarys Corp secured the significant order from LinkedIn Corporation.
The contract represents a major technological partnership for Canarys, positioning the company to deepen its engagement with LinkedIn Corporation across various solutions, including AI-powered workflow orchestration and enterprise-grade Power Platform transformations.
CANARYS Stock Price Movement
As of 9:58 AM, shares of Canarys Automations Limited are slipping by 0.74% in live trading, currently hovering at ₹20.00. The stock is maintaining action on a volume of 8,000 shares as the market continues to track through the late session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.