Microsoft signs $2.8B cloud deal with London Stock Exchange Group
CIO
DECEMBER 12, 2022
Microsoft has signed a 10-year deal with the London Stock Exchange Group (LSEG) that calls for the software giant to buy a 4% stake in the exchange in order to jointly develop new products and services for data and analytics. Microsoft will buy the stake from a Blackstone and Thomson Reuters consortium, which previously sold the financial data company Refinitiv to LSEG for £22bn (US$26.9 billion) in 2021.
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