Oracle rejects report on failed Microsoft cloud deal talks

Oracle said that details in a Business Insider ​report on the collapse of its discussions with ‌Microsoft over a potential leasing deal were inaccurate.

The report had said that Microsoft’s discussions with Oracle regarding a cloud infrastructure ​leasing deal have fallen apart due to security ​and compliance concerns.

Microsoft planned to shift ​some workload to Oracle’s cloud infrastructure. But Oracle’s public cloud lacked Federal Risk and Authorization Management Program, a required security framework ​for handling U.S. government data, and the company ​was unwilling to add it, according to the report.

The deal could ‌have ⁠been worth more than $3 billion, the report from Business Insider said, citing one of the people.

Microsoft is seeking a deal or deals with other cloud providers to ​prioritize its ​own Azure ⁠cloud computing resources on customers, according to the report.

“The details mentioned in the article ​are inaccurate. Microsoft is both an OCI ​partner ⁠and a customer. We have a tremendously collaborative and fruitful partnership, where we often talk about ways we ⁠can expand ​upon our ongoing work together,” an ​Oracle spokesperson said in an emailed response. Reuters