Datadog Shares Jump on Partnership With Microsoft

Shares of Datadog  (DDOG) – Get Report jumped on Wednesday after the provider of a security platform for cloud applications said it partnered with software titan Microsoft’s  (MSFT) – Get Report Azure cloud unit.

“Datadog will now be available in the Azure console as a first-class service,” the New York company said in a statement. 

“This means that Azure customers will be able to implement Datadog as a monitoring solution for their cloud workloads through new streamlined workflows that cover everything from procurement to configuration.”

The statement didn’t disclose terms of the deal.

Datadog shares recently traded at $103, up 13%. They have well more than doubled year to date. 

Microsoft recently traded at $211.74, up 2.2%. Shares of the Redmond, Wash., software and tech giant have climbed 34% year to date.

“The improved onboarding experience makes Datadog setup automatic, so new users can start monitoring

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