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Microsoft walked away from $3 billion deal with Oracle: Here’s what happened as per Oracle
Microsoft has reportedly walked away from a potential cloud infrastructure leasing deal with Oracle that could have been worth more than $3 billion, according to a report by Business Insider. The report claimed that the talks between the two tech giants collapsed over security and compliance concerns, specifically Oracle’s lack of Federal Risk and Authorization Management Program (FedRAMP) certification for its public cloud.
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markets.businessinsider.com
Microsoft’s (MSFT) $3B Oracle Cloud Deal Reportedly Fell Apart Over Security Issue
Tech giant Microsoft (MSFT) reportedly held talks to lease cloud infrastructure from Oracle (ORCL), but the discussions fell apart because Oracl...
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businessinsider.com
Microsoft walked away from a $3 billion deal to lease Oracle cloud capacity over security concerns
Microsoft was recently in talks with Oracle for cloud infrastructure, but sources say the deal fell through over security and compliance concerns.
