Microsoft set to pick 4% stake in the London Stock Exchange Group
source link: https://nextbigwhat.com/microsoft-set-to-pick-4-stake-in-the-london-stock-exchange-group/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Home News Microsoft set to pick 4% stake in the London Stock Exchange Group
Microsoft set to pick 4% stake in the London Stock Exchange Group
As part of Microsoft’s stake, LSEG is legally obligated to spend at least $2.8 billion on cloud computing services.
This will entail LSEG moving its data platform and “other key technology infrastructure” to Azure while integrating the Workspace data and analytics product it acquired as part of its Refinitiv acquisition last year with key Microsoft apps.
[ Via]
Download NBW: Short news app created for busy professionals like you
Get NBW App - a reimagined fluid short news experience that delivers you clarity and all the important news and trends from your industry. No signup needed !
Sign Up for NextBigWhat Newsletter
Daily.
Newsletter
First Name
Email address:
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK