MGI - Media and Games Invest (A) Teams Up with Google Cloud for Strategic Alliance

• Strategic collaboration between MGI and Google Cloud to consolidate MGI’s marketplaces into one cloud infrastructure, driving economies of scale
• Expected cost savings of €20 million over the next four years based on improved financial terms
• Leveraging Google Cloud's AI expertise for operational synergies, improving performance and market share
• Consolidation of MGI’s marketplaces into a single cloud infrastructure on Google Cloud
• Leveraging Google Cloud’s advanced AI capabilities, including the Vertex AI platform, for innovation within MGI’s business operations
• CEO Remco Westermann highlights substantial cost savings, operational efficiency, and AI focus resulting from the collaboration with Google Cloud

The price of MGI - Media and Games Invest Registered (A) at the time of the news was 1,6680EUR and was down -0,12 % compared with the previous day.

MGI - Media and Games Invest Registered (A)

-1,19 %

+3,88 %

+3,75 %

+77,19 %

+33,17 %

-6,05 %

ISIN:SE0018538068WKN:A3D3A1

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