London Stock Exchange Group (LSEG) and Broadcom Inc. (NASDAQ:AVGO) today announced a renewal of their long-standing technology partnership, underpinned by a new five-year agreement centered on VMware Cloud Foundation.

The initiative complements LSEG’s existing cloud partnerships.

LSEG has been using VMware software across parts of its technology stack for more than a decade. The new agreement extends this relationship, including the use of VMware Cloud Foundation to support LSEG’s private cloud platform for parts of LSEG’s infrastructure. Additionally, Broadcom will provide professional services to LSEG to roll out VMware Cloud Foundation 9.0 across its environments.

VMware Cloud Foundation 9.0 will support a consistent private cloud platform capable of supporting a wide range of workloads across both traditional and modern applications. This approach will strengthen resilience, improve operational efficiency and enhance security across a complex, highly regulated environment, while enabling greater automation over time.

Andrew Knight, CIO, Infrastructure and Cloud, LSEG, commented:

“Extending our use of VMware Cloud Foundation supports an engineered private cloud for our operations, while giving us the flexibility to support new services and workloads as our technology needs evolve.”

Luigi Freguia, President, EMEA Sales, Broadcom, added:

“LSEG operates important market infrastructure, where reliability and performance really matter. This new five-year agreement reflects the Group’s confidence in VMware Cloud Foundation to support those demands, providing a secure and resilient platform that can evolve as market needs change.”