WAND.L Share News (WAND)

(Sharecast News) - Data technology company WANdisco announced a "deepening" of its strategic partnership with Oracle on Monday, to provide its 'LiveData Migrator' product to both Oracle and its customers.
The AIM-traded firm said under the agreement, United States-based enterprise software giant Oracle would provide customers and partners "fully funded access" to WANdisco LiveData Migrator, to accelerate their data migrations to Oracle Cloud Infrastructure (OCI) without incurring any additional cost.

Oracle would purchase licences from WANdisco to be used in migration projects, with a "large and defined" pipeline already developed, which Oracle intended to pursue over the coming year using WANdisco LiveData Migrator.

"We are looking forward to partnering with Oracle to support enterprise customers on their move to the cloud and help them realise their data-first and digital transformation initiatives," said chairman and chief executive officer David Richards.

"Oracle's selection of our LiveData Migrator to help provide zero-cost migrations is a testament to our ability to accelerate cloud transformation without business disruption or downtime.

"We're looking forward to working alongside Oracle and setting a new benchmark in supporting enterprise customers in moving to the cloud and accelerating time to business value."

At 1252 GMT, shares in WANdisco were up 4.72% at 294.25p.