💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Microsoft joins open source Cloud Foundry Foundation

Published 06/14/2017, 03:58 PM
© Reuters.  Microsoft joins open source Cloud Foundry Foundation
INTC
-
MSFT
-
  • Microsoft (NASDAQ:MSFT) continues to bet on the cloud as a new member of The Cloud Foundry Foundation, a not-for-profit that oversees the development of the eponymous platform as a service.
  • Microsoft’s Azure rents open source cloud applications needed for enterprise IT customers. The cloud app list includes Hadoop, OpenStack and Cloud Foundry.
  • The company joins the Foundation as a gold member, which costs $100K per year but comes with the potential to nominate a member to the Foundation’s board.
  • “By joining the Cloud Foundry Foundation, we will be able to work with members to contribute to foundation initiatives and bring a wider range of solutions to Microsoft Azure for our customers and the community,” says Microsoft partner director Corey Sanders.
  • Now read: Why Microsoft Is A Better Dividend Growth Stock Than Intel (NASDAQ:INTC)


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.