Microsoft announces 10-year deal with London Stock Exchange; buys stake
Shortpedia
Content Team
Image Credit: reuters
Tech giant Microsoft has announced a 10-year strategic partnership with the London Stock Exchange Group (LSEG). As part of the deal, the company takes an approximately 4% equity stake in the bourse operator. The main purpose of the deal is to transform LSEG's digital infrastructure and migrate its data platform into the cloud. LSEG's shares are up 4% in early trade.
