Page 83 - Microsoft Cloud News Today

Investegate announcements from LondonStockExGroup, LSEG and Microsoft launch strategic partnership

<p><span>Strategic partnership highlights</span></p>
<ul>
<li>New collaboration to architect LSEG’s data infrastructure and build intuitive next-generation productivity, data and analytics and modelling solutions with Microsoft Azure, AI, and Microsoft Teams</li>
<li>Step-change in services for customers across the financial markets value chain, including an enhanced version of LSEG Workspace with seamless Teams...

The US technology giant will take a 4% stake in the LSEG from the Blackstone/Thomson Reuters Consortium.

Partnership with the London Stock Exchange group will bring various Microsoft products, and new market analysis tools, to finance customers.

Microsoft has bought a 4% stake in the London Stock Exchange Group. They have established a 10-year partnership and LSEG will migrate to Microsoft Azure and use other Microsoft products and services.

LSEG expects to spend a minimum of $2.8 billion for cloud services across the duration of the partnership

The purchase is part of a 10-year strategic partnership that will see the US tech giant provide data and analytics products to the London Stock Exchange (LSEG).

Microsoft and the London Stock Exchange Group announced a partnership that will see Microsoft purchase 4% equity in the group. The London Stock Exchange will also migrate to Azure as part of the deal.

Microsoft will purchase a 4% equity stake in the London Stock Exchange Group (LSEG), forming a 10-year cloud partnership.

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