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TOP NEWS: Micro Focus in commercial agreement with Amazon Web Services

TOP NEWS: Micro Focus in commercial agreement with Amazon Web Services
Wed, 3rd Mar 2021 09:16
(Alliance News) -Â Micro Focus International PLC on Wednesday said it has signed a commercial agreement with Amazon.com Inc s cloud platform arm.
The pact with Amazon Web Services formalises a strategic collaboration to accelerate the modernization of mainframe applications and workloads of large public and private enterprises to the AWS Cloud.
The two will work to use Micro Focus technology for customers looking to shift their business-critical mainframe applications and workloads to a cloud-based production environment.
In conjunction with the agreement, Micro Focus has issued warrants to Amazon NV Investment Holdings LLC to subscribe for up to 15.9 million shares in the London-listed firm at 446.60 pence each. ....

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Micro Focus Signs Commercial Deal With Amazon Web Services

Micro Focus Signs Commercial Deal With Amazon Web Services
SEATTLE (dpa-AFX) - Enterprise software company Micro Focus International plc (MCRO.L, MFGP) announced Wednesday the signing of a commercial agreement with Amazon Web Services or AWS, part of tech major Amazon.
The commercial agreement formalizes a strategic collaboration to accelerate the modernization of mainframe applications and workloads of large public and private enterprises to the AWS Cloud.
Micro Focus said the companies will work together to deploy Micro Focus technology for customers embarking on the transformational journey to modernize their business-critical mainframe applications and workloads to an agile, cloud-based production environment. ....

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Stocks to watch: Axis Bank, HUL, L&T, BoB, auto stocks, Affle India

Auto stocks: Stocks of auto companies will be in focus after the government approved a policy to scrap more than 15-year-old vehicles owned by government departments and PSUs. The same will come into effect from April 2022.
GAIL: The firm plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru ahead of a proposed splitting of the pipeline business from the gas marketing function, according to a PTI report.
ICICI Securities: The firm reported a profit of Rs 267 crore in Q3FY21 against Rs 137.2 crore in Q3FY20. Revenue jumped to Rs 620.11 crore from Rs 422.24 crore YoY. ....

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