“Microsoft buys near 4% stake in London Stock Exchange as part of 10-year cloud deal”
December 12, 2022
“…U.S. tech giant Microsoft on Monday announced a 10-year partnership with the London Stock Exchange Group and took a near 4% stake in the U.K. bourse operator.
The partnership involves next-generation data and analytics, as well as cloud computing products, according to a statement by the LSEG. It includes a new data infrastructure for the London exchange and analytics and modelling solutions with Microsoft Azure, AI, and Microsoft Teams.
LSEG’s shares were up 4% in Europe on Monday…”