MongoDB Partners With Microsoft, Integrates Atlas Application Into Azure - MongoDB (NASDAQ:MDB)

MongoDB Inc (NASDAQ:MDB) penned a multiyear strategic deal with Microsoft Corp (NASDAQ:MSFT), accelerating workload migrations to MongoDB Atlas on Microsoft Azure.

As part of the agreement, MongoDB and Microsoft will work toward delivering go-to-market initiatives and creating developer enablement and training programs to enhance customers' experience of running Atlas on Azure.

The new deal follows recent collaborations between the two companies announced at Microsoft Ignite, which included a pay-as-you-go MongoDB Atlas offering.

Apart from this, MongoDB has also partnered with Microsoft for Startups to offer free MongoDB Atlas credits and other benefits.

"As more products and services come together on the Microsoft commercial marketplace, customers get a better experience by being able to streamline their billing and procurement process. Many of our customers want to run MongoDB Atlas on Azure, but have lacked the proper incentives and a smooth deployment experience. Through this expanded collaboration with Microsoft, we're making it easier for our customers to seamlessly integrate MongoDB Atlas into their Azure infrastructure to power the next generation of applications," said Alan Chhabra, Executive VP, Worldwide Partners and Asia.

In a separate press release, MDB disclosed a new initiative to aid government agencies and public sector organizations in accelerating their pace of innovation.

Price Action: MDB shares are trading higher by 5.16% at $430.27 on the last check Tuesday.

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