Red Herring announced last week that Oulu based Codenomicon Ltd. is a recipient of Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
 

"This year's impressive list of winners demonstrates Europe's emergence as a major player in the global technology sector," said Red Herring Editor-in-Chief, Joel Dreyfuss. "The exceptional accomplishments of European technology companies and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem."

Red Herring's lists of top private companies are an important part of the company's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.

"We are pleased that our value proposition of delivering proactive pre-deployment security and robustness solutions for IP-based, Wireless, and Digital Media systems are being recognized worldwide," said Isaac Sundarajan, Chief Executive Officer at Codenomicon. "Both our customer success with Fortune 500 companies as well as being an honoree of this prestigious Red Herring award is a testament to our vision and technology."

Red Herring claims to provide insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. Red Herring's editorial staff evaluated more than 700 private companies through a careful analysis of financial data and other criteria, including quality of management, execution of strategy, and dedication to research and development.

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