⌘K
t
On 16 August 2023, WANdisco plc announced that General Motors signed a master license agreement as a new customer. This agreement enables the movement of petabyte-scale data to the Microsoft Azure Cloud using WANdisco Data Migrator for Azure. The first phase commits General Motors to migrating at least 3.3PB of data with a contract value exceeding $400,000.
| Date | 16 Aug 2023 |
| Time | 08:07:19 |
| Category | Corporate updates |
| ID | 4962J |
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:
|
FTI Consulting |
+44 (0)20 3727 1137 |
|
Matt Dixon / Kwaku Aning / Tom Blundell |
|
|
Stifel (Nomad and Joint Broker) |
+44 (0)20 7710 7600 |
|
Fred Walsh / Richard Short / Tom Marsh |
|
|
Liberum (Joint Broker)
Max Jones / Ben Cryer / Miquela Bezuidenhoudt |
+44 (0)20 3100 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.