Microsoft Corp. (MSFT) saw its share price drop 1.48% after a proposed $3 billion cloud partnership with Oracle Corp. collapsed because Oracle’s public cloud could not satisfy FedRAMP security standards.
Negotiation Collapse
Federal Risk and Authorization Management Program (FedRAMP) requires cloud providers to meet strict security protocols for U.S. government workloads. Oracle operates a dedicated government cloud that already fulfills FedRAMP criteria, but its commercial public cloud remains uncertified. Sources say Oracle declined to invest the engineering effort needed for certification, ending the talks with