WANdisco Plc GM Signs Multi-Project Contract with WANdisco (4962J)
16 Agosto 2023 - 2:07AM
UK Regulatory
TIDMWAND
RNS Number : 4962J
WANdisco Plc
16 August 2023
16 August 2023
WANdisco plc
("WANdisco" or the "Company")
GM Signs Multi-Project Contract with WANdisco
New cloud data movement agreement spans multiple use cases
WANdisco plc (LSE: WAND), the data activation platform, today
announced that General Motors signed a master license agreement
with WANdisco as a new customer to move petabyte-scale data to the
Microsoft Azure Cloud using WANdisco Data Migrator for Azure. The
agreement, signifying a significant working relationship with GM,
enables continuous data movement through the use of WANdisco
software and services over a number of different use cases to be
transacted through the Microsoft Azure Marketplace. The first phase
of the relationship sees GM committing to moving at least 3.3PB of
data with a contract value of over $400,000. The simplified
structure of the deal on the Azure Marketplace strongly supports
the power of WANdisco's partnership go-to-market model with leading
cloud service providers to seamlessly deliver high impact data
integration solutions that accelerate business impact.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the company's obligations under Article 17 of MAR.
This announcement contains information that qualifies or may
qualify as inside information. The person responsible for arranging
the release of this announcement on behalf of WANdisco plc is Larry
Webster, Company Secretary.
For further information, please contact:
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Kwaku Aning / Tom Blundell
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Richard Short / Tom
Marsh
Liberum (Joint Broker)
Max Jones / Ben Cryer / Miquela +44 (0)20 3100
Bezuidenhoudt 2000
About WANdisco
WANdisco is the data activation platform for accelerating
digital transformation at scale. WANdisco makes infinite data
actionable across clouds and enterprises in real time. WANdisco
customers unleash the business value of the cloud with zero
downtime, data loss, or disruption to fuel AI and machine learning,
create new
services, and transform businesses. For more information about WANdisco, visit www.wandisco.com .
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END
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(END) Dow Jones Newswires
August 16, 2023 03:07 ET (07:07 GMT)
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