China Mobile Parent, Microsoft Sign Strategic Cooperation Memorandum

Date : 12/16/2010 @ 10:55PM
Source : Dow Jones News
Stock : China Mobile Limited (CHL)
Quote : 54.16  1.44 (2.73%) @ 8:00PM

China Mobile Parent, Microsoft Sign Strategic Cooperation Memorandum

Microsoft (NASDAQ:MSFT)
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Microsoft Corp. (MSFT) and the parent company of China Mobile Ltd. (CHL) on Friday signed a memorandum of understanding on strategic cooperation in areas including cloud computing, the companies said in a statement.

The technical and promotional cooperation between Microsoft and China Mobile Communications Corp. will also include mobile terminals and joint marketing, the companies said, without elaborating.

-By Owen Fletcher, Dow Jones Newswires; 8610 8400 7702; owen.fletcher@dowjones.com

 
 

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