London Calling Microsoft
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 December 2022
⏱️ 26 minutes
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| 0:00.0 | The Tech Giant strikes a new deal and shares of Weber Grill go up in smoke. |
| 0:09.9 | Motley Fool Money starts now. |
| 0:11.7 | I'm Chris Hill, joining me today, Motley Fool Senior Analyst, Jason Moser. |
| 0:18.6 | Happy Monday. |
| 0:19.6 | Happy Monday indeed. |
| 0:20.8 | Let's start with Microsoft, shall we? |
| 0:23.5 | Because Microsoft struck a deal with the London Stock Exchange. |
| 0:27.6 | The deal calls for the exchange to spend nearly $3 billion over the next decade on Microsoft |
| 0:32.7 | products. |
| 0:33.7 | It sounds like most of that is going to be spent on Azure Cloud services. |
| 0:40.3 | The London Stock Exchange gets a greater use of data and the chance to appeal to a broader |
| 0:45.7 | customer base in exchange for nearly $3 billion. |
| 0:49.2 | So it kind of seems like a win-win here. |
| 0:51.8 | Yeah, it definitely feels like it's a good thing for both companies. |
| 0:57.0 | When you look at it in the grand scheme of things, right, I think it's in agreement over |
| 1:02.5 | 10 years to spend a minimum of $2.8 billion on cloud-related products with Microsoft. |
| 1:07.7 | So if you stretch that out, I mean you're looking at what, essentially, basically $280 million |
| 1:13.2 | per year over the next 10 years, and for at the minimum. |
| 1:17.6 | And for a company like Microsoft, a business that brought in $203 billion over the last |
| 1:23.6 | 12 months, obviously not terribly meaningful from that perspective, right? |
| 1:29.4 | I mean, just from a simple numbers perspective, it's a drop in the bucket. |
| 1:35.0 | When you consider LSE, I mean that's, that's, they brought in around $9.1 billion in |
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