Home News WSJ: Microsoft and HP to invest 250 million USD in partnership

WSJ: Microsoft and HP to invest 250 million USD in partnership

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By Nick Wingfield and Justin Scheck
THE WALL STREET JOURNAL 


REDMOND (Dow Jones) – The U.S. software giant Microsoft and the U.S. technology company Hewlett-Packard (HP) want their software and hardware products activities more closely. In the partnership they want 250 million USD to invest as communicated, both companies said Wednesday. The agreement did a period of three years. Thus say the companies also Competitors such as Oracle and IBM to fight that, in turn more and more products a single source.

The agreement is another sign of a deeper Integration in the technology industry, previously in the Corn mainly offered independently and have been sold. Due to be met Corporate customers are freed from the burden of individual components themselves coordinate and test, as they currently must do.

In early January had the Redmond-based Microsoft Corp. and the Hewlett-Packard Co., based in Palo Alto already announced jointly develop a Tablet PC.

   
Websites: www.wsj.com
www.microsoft.com
www.hp.com

-By Nick Wingfield and Justin Scheck, The Wall Street Journal
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(END) Dow Jones Newswires

January 14, 2010 00:59 ET (05:59 GMT)

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