Start United States USA — software Google Cloud to invest $1B in CME Group as part of 10-year...

Google Cloud to invest $1B in CME Group as part of 10-year partnership

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Meanwhile, the derivatives marketplace will begin moving its technology infrastructure to the Google Cloud next year.
Google Cloud is making a $1 billion equity investment in CME Group, the companies said Thursday, as part of a 10-year strategic partnership between the century-old derivatives marketplace and the cloud giant. CME Group, for its part, will begin moving its technology infrastructure to Google Cloud next year. CME Group plans to begin the migration with its data and clearing services and will eventually move all of its markets to the cloud.

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