Alphabet Inc.'s Google Cloud said Wednesday that it acquired Cornerstone Technology for an undisclosed amount. In a blog post, Google said the addition of Cornerstone will help its customers to move workloads to Google Cloud from their mainframes. Google said that this sort of "application modernization is at the heart of the Cornerstone toolset," where mainframe programs are broken up with automated processes and turned into a cloud-native format. Class A and Class C shares of Google were up about 0.7% in recent trading. Read More...
Alphabet Inc.’s Google Cloud said Wednesday that it acquired Cornerstone Technology for an undisclosed amount. In a blog post, Google said the addition of Cornerstone will help its customers to move workloads to Google Cloud from their mainframes. Google said that this sort of “application modernization is at the heart of the Cornerstone toolset,” where mainframe programs are broken up with automated processes and turned into a cloud-native format. Class A and Class C shares of Google were up about 0.7% in recent trading.
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