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Microsoft stated that it would purchase shares in the Blackstone/Thomson Reuters consortium to acquire around 4% of LSEG.
Subject to regulatory approvals, Scott Guthrie, Microsoft's executive vice president of cloud technologies, is anticipated to be appointed a non-executive director of the London Stock Exchange.
LSEG CEO David Schwimmer said this strategic partnership will be a milestone on the London Stock Exchange's path to becoming the world's leading financial markets infrastructure.
Under the partnership, the parties will use next-generation data and analytics, build new data infrastructures for the London Stock Exchange and create analytics and modeling solutions using Microsoft Azure, artificial intelligence and Microsoft Teams.
source: reuters.com
Subject to regulatory approvals, Scott Guthrie, Microsoft's executive vice president of cloud technologies, is anticipated to be appointed a non-executive director of the London Stock Exchange.
LSEG CEO David Schwimmer said this strategic partnership will be a milestone on the London Stock Exchange's path to becoming the world's leading financial markets infrastructure.
Under the partnership, the parties will use next-generation data and analytics, build new data infrastructures for the London Stock Exchange and create analytics and modeling solutions using Microsoft Azure, artificial intelligence and Microsoft Teams.
source: reuters.com
