RNS Number : 4962J
WANdisco Plc
16 August 2023
 

 

 

16 August 2023

 

WANdisco plc 

 

("WANdisco" or the "Company") 

 

GM Signs Multi-Project Contract with WANdisco

 

New cloud data movement agreement spans multiple use cases

 

WANdisco plc (LSE: WAND), the data activation platform, today announced that General Motors signed a master license agreement with WANdisco as a new customer to move petabyte-scale data to the Microsoft Azure Cloud using WANdisco Data Migrator for Azure. The agreement, signifying a significant working relationship with GM, 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 first phase of the relationship sees GM committing to moving at least 3.3PB of data with a contract value of over $400,000. The simplified structure of the deal on the Azure Marketplace strongly supports the power of WANdisco's partnership go-to-market model with leading cloud service providers to seamlessly deliver high impact data integration solutions that accelerate business impact.

 

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the company's obligations under Article 17 of MAR.

 

This announcement contains information that qualifies or may qualify as inside information. The person responsible for arranging the release of this announcement on behalf of WANdisco plc is Larry Webster, Company Secretary.

 

For further information, please contact:

 

FTI Consulting

 

+44 (0)20 3727 1137

Matt Dixon / Kwaku Aning / Tom Blundell


 

Stifel (Nomad and Joint Broker)

 

+44 (0)20 7710 7600

Fred Walsh / Richard Short / Tom Marsh


 

Liberum (Joint Broker)

 

Max Jones / Ben Cryer / Miquela Bezuidenhoudt

 

+44 (0)20 3100 2000

 

About WANdisco

WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit  www.wandisco.com.

 

 

 

 

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