Outbrain to Expand Operations With Microsoft Azure in North America

MT Newswires Live

2024/10/31

Outbrain (OB) said Thursday it will expand its operations with Microsoft's (MSFT) Azure cloud platform in North America as part of its expanded collaboration with the tech giant.

Outbrain said it will use Azure's technological capabilities to enhance its offerings for advertisers and media owners.

Outbrain Chief Technology Officer Yonatan Maman said the company is transferring another data center and strengthening its existing partnership with Microsoft about two years following the initial move to Azure.

Outbrain shares were down 1.6% while Microsoft shares were falling 5.9% in recent Thursday trading.

Price: 4.30, Change: -0.07, Percent Change: -1.60

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