MongoDB Expands Partnership With Amazon Web Services

MongoDB Inc MDB has expanded a multi-year strategic collaboration agreement (SCA) with Amazon.Com Inc AMZN Amazon Web Services Inc (AWS).
Under the six-year agreement, MongoDB and AWS will deploy initiatives to make it easier for joint customers to advance cloud adoption.
Both companies have agreed to collaborate across sales, customer support, solution architecture, marketing.
The parties will also work together to offer new joint capabilities for customers in the areas of serverless, AWS Graviton processors, and AWS Outposts.
The company expects the partnership to support its expansion into further AWS Regions across the globe and U.S. Public Sector with FedRAMP authorization.
Price Action: MDB shares are trading by 0.34% at $291.16 on the last check Tuesday.