- Microsoft (NASDAQ:MSFT) releases its Azure Stack for Azure Government.
- Stack gives customers similar services to the public cloud from a customer data center, providing a common experience for those taking the hybrid approach of public and private environments.
- Microsoft also announces passing a third-party FedRamp certification process for cloud security.
- The Pentagon recently released a final call for proposals for a $10B, winner-take-all cloud contract.
- Microsoft, Oracle (NYSE:ORCL), and IBM (NYSE:IBM) are among the companies pushing for a fair shot at the contract that seems likely to go to Amazon (NASDAQ:AMZN) due to its dominance in the market.
- CEO sale: In other Microsoft news, CEO Satya Nadella sold $35.9M shares, according to a filing on Friday.
- The 328K shares weren’t part of a pre-planned sale and represented about one-third of Nadella’s previous holdings.
- Microsoft shares are up 0.3% to $109.35.
- Previously: Pentagon requests final proposals for $10B cloud contract (July 26)
- Now read: Microsoft: This Might Turn Me Into A Bull
Original article