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By Joe Hoppe
WANdisco shares rose after it said it has signed a master license agreement with General Motors as a new customer.
Shares at 0733 GMT were up 9.0 pence, or 11%, at 90.0 pence.
The software company said Wednesday that the agreement includes moving large amount of data to the Microsoft Azure Cloud using WANdisco’s data migrator product. The first phase–which will see General Motors move at least 3.3 petabytes of data–has a contract value of more than $400,000.
“The agreement, signifying a significant working relationship with [General Motors], 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 company said.
The company added the simplified structure of the Azure Marketplace strongly supports its partnership model.
Write to Joe Hoppe at [email protected]
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