Tag Archives: CME

Google Cloud announced a major deal today with The CME Group to move CME’s futures and options markets to the cloud over a 10-year period. The deal has several components, including a $1 billion investment from Google into CME. Google would not say how much the total deal is worth, however. Philip Moyer, VP of strategic industries at Google Cloud, says this isn’t your standard deal where Google simply helps the customer move workloads to the cloud. “Instead,… Source link

The logo of Google is seen in Davos, Switzerland January 20, 2020. 2020. REUTERS/Arnd Wiegmann/File Photo Nov 4 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has invested $1 billion in CME Group (CME.O) and has struck a separate deal to move the exchange operator’s trading systems to the cloud, the companies said on Thursday. Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri Our Standards: The Thomson Reuters Trust Principles. Source link