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Microsoft releases government cloud product; Nadella sells shares

Aug. 13, 2018 10:28 AM ETMicrosoft Corporation (MSFT) StockMSFTBy: Brandy Betz, SA News Editor31 Comments
  • Microsoft (NASDAQ:MSFT) releases its Azure Stack for Azure Government.
  • Stack gives customers similar services to the public cloud from a customer data center, providing a common experience for those taking the hybrid approach of public and private environments. 
  • Microsoft also announces passing a third-party FedRamp certification process for cloud security.   
  • The Pentagon recently released a final call for proposals for a $10B, winner-take-all cloud contract. 
  • Microsoft, Oracle, and IBM are among the companies pushing for a fair shot at the contract that seems likely to go to Amazon due to its dominance in the market. 
  • CEO sale: In other Microsoft news, CEO Satya Nadella sold $35.9M shares, according to a filing on Friday.    
  • The 328K shares weren’t part of a pre-planned sale and represented about one-third of Nadella’s previous holdings.  
  • Microsoft shares are up 0.3% to $109.35. 
  • Previously: Pentagon requests final proposals for $10B cloud contract (July 26)

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