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Amazon lands $1 billion in Cloud deals with SAP SE and Symantec Corp

The contracts are each worth $500 million over 5 years

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Bloomberg San Francisco
  Amazon Web Services, the cloud-computing division of Amazon.com, signed new deals with customers SAP SE and Symantec Corp. worth a combined $1 billion, according to an internal memo, underscoring the company’s growing momentum in the market for internet-based computing power and storage.

The contracts are each worth $500 million over 5 years, the text of an Amazon email from September showed. Both transactions represented expansions of existing partnerships. Microsoft, the No. 2 cloud-services provider, had also competed for the Symantec deal, according to the memo.

Some of the world's largest technology companies have been duking it out for
Topics : Amazon