Microsoft (MSFT) Aims to Bring Cloud Computing to Emerging Markets, Starting with China

August 23, 2011 8:23 AM EDT
Microsoft (Nasdaq: MSFT) is aiming to develop a cloud-computing system to bring to emerging markets.

According to reports Tuesday, the Redmond, WA-based Microsoft is partnering with China Standard Software Co., Ltd., to develop and sell a cloud-computing system to large enterprises in China such as online retailers, banks, and government ministries.

The duo will then use what was learned as a model for developing a similar system for other emerging markets.

Windows-based computers will be the basis for the cloud systems, but development for Linux and Unix will also be in play.

Financial terms of the agreement between Microsoft and China Standard Software were not disclosed.

Sandy Gupta, GM of Microsoft's Open Source Solutions, said the market in China could include government entities like the Beijing city government as well as the Chinese Ministry of Agriculture.

Microsoft shares are up nearly 1 percent early Tuesday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Insiders' Blog

Add Your Comment