HP, Microsoft Sign 3-yr Deal To Invest $250 Mln To Simplify Technology Environments For Businesses Of All Sizes - Quick Facts

HP (HPQ) and Microsoft Corp. (MSFT) announced a three-year agreement to invest $250 million to significantly simplify technology environments for businesses of all sizes.

The companies plan to deliver new solutions that will, be built on a next-generation infrastructure-to-application model, advance cloud computing by speeding application implementation and eliminate complexities of IT management and automate existing manual processes to lower the overall costs.

With this strategic partnership, HP and Microsoft will collaborate on an engineering roadmap for data management machines; converged, prepackaged application solutions; comprehensive virtualization offerings; and integrated management tools.

by RTTNews Staff Writer

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