Shares of Nutanix (NTNX) moved higher after the company announced a new partnership with Microsoft (MSFT). The stock in midday trading is up 2% to $25.62.
As part of the collaboration, both companies will focus on extending Nutanix hybrid cloud infrastructure to Azure. The collaboration will include the development of Nutanix-ready nodes on Azure to support Nutanix Clusters and services. Microsoft and Nutanix will also collaborate on customer service and enable managing servers, containers, and data services on Nutanix HCI, on-premises or in Azure, through the Azure Arc control plane.
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