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IN BRIEF: Cirata says General Motors starts next phase of data deal

25th Jun 2024 11:45

Cirata PLC - Jersey-based software solutions provider - Says that General Motors Co has proceeded to phase two of the of the master licence agreement initially announced last August. According to last year's announcement, General Motors committed to moving at least 3.3 petabytes of data, with a contract value of over USD400,000, in the first phase. Meanwhile, the second includes a 4 petabyte data allowance, and accompanying maintenance and support services, with a contract value of USD490,733. This phase will again be transacted on the Azure Marketplace.

Current stock price: 57.80 pence

12-month change: up 18%

By Holly Beveridge, Alliance News senior reporter

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Copyright 2024 Alliance News Ltd. All Rights Reserved.


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